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ECB Insight: Rotation Risk in 2026, or Which Meetings Are Most Exposed to the Voting Roster

ECB Insight: Rotation Risk in 2026, or Which Meetings Are Most Exposed to the Voting Roster

By David Barwick – FRANKFURT (Econostream) – The European Central Bank emphasizes that the monthly rotation of Governing Council voting rights does not silence anyone: all governors still attend and have the right to speak, and most decisions are reached by consensus. A recent empirical study of the ECB’s rotation model is broadly consistent with that claim, finding only rare cases in which rotation appears likely to have determined outcomes.

6 January 2026 Central Bank News
Race to Succeed de Guindos Takes on Further Shape as Nominations Near Deadline

Race to Succeed de Guindos Takes on Further Shape as Nominations Near Deadline

By David Barwick – FRANKFURT (Econostream) – With Friday’s confirmation of Estonia’s intention to back European Central Bank Governing Council member Madis Müller, there are now six named candidates to succeed ECB Vice President Luis de Guindos when his terms ends on May 31, 2026.

22 December 2025 Central Bank News