• SuddenDownpour@sh.itjust.works
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      4 months ago

      The Central European Bank is governed by the EU. During their debt restructuring negotiations from around a decade ago, Greece’s government negotiated with the other EU governments, not with private banks.

      • crispy_kilt@feddit.de
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        4 months ago

        On paper yes. In reality it’s governed by the largest banks. Which also have undue influence over national governments.