Until it does pass, our incomes will be temporarily lower and it makes sense to smooth this out through fiscal support. At the same time, we need to recognise that the task is complicated by the fact there is still considerable uncertainty about how long this period of weak income will last.
This Council comprises the six members of the ECB’s Executive BIS Review 115/2000  2  Board and the Governors or Presidents of the NCBs of the countries which have adopted the euro. Decisions are made on a one person/one vote basis. This reflects the fact that they always have to be made in the interest of the euro area as a whole.