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1987-1990 - Mr Major’s Written Parliamentary Answer on European Central Banks

Below is the text of Mr Major's written Parliamentary Answer on European Central Banks on 14th November 1989.


Mr. Denzil Davies To ask the Chancellor of the Exchequer what will be the number of individual members of the board of the European system of central banks as proposed in the Delors report.

Mr. Major [holding answer 13 November 1989]: The Delors report does not specify the number of individual members of the board of its proposed European system of central banks.

Mr. Denzil Davies To ask the Chancellor of the Exchequer whether it is envisaged that the decisions of the board of the European system of central banks as proposed in the Delors report will be made by means of weighted voting.

Mr. Major [holding answer 13 November 1989]: The Delors report says that: modalities of voting procedures would have to be provided for in the Treaty".