Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

SickOfTheOnePct

(8,710 posts)

2. The ECB

Reply to Recursion (Original post)

Sat Jun 25, 2016, 01:05 PM

Jun 2016

is one of the institutions of the EU. To believe that one has no influence on the other is rather naïve, IMO.

The EU has the power to pass laws that member nations must abide by and enforce, even if in conflict with their own laws. It's much more than simply a "customs and trade union".

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

3 replies

= new reply since forum marked as read

Highlight:

EU, Eurozone, ECB, Schengen: a quick primer [View all] Recursion Jun 2016 OP

he will work for half the pay you get. take a pay cut or lose your job. that's the EU nt msongs Jun 2016 #1

The ECB SickOfTheOnePct Jun 2016 #2

When the British joined in 1973, it was a simple trade zone. roamer65 Jun 2016 #3