X-Nico

2 unusual facts about ECB


Collective action clause

During the financial crisis of 2011-12, the Greek government imposed, with the support of the IMF and ECB, a retroactive CAC with a threshold of 75%.

Pari passu

In the European Union, as the result of the Greek government-debt crisis, a retroactive Collective action clause passed by the Greek government with the support of the ECB and IMF, enabled the debtor (who also controlled the courts) to impose a 70% loss of the creditors, more than 75% of whom had voted in favour of the cut.


2015 Ashes series

The ECB have also commented that having three Ashes series in two years will also prevent any future Ashes series down-under from affecting World Cup preparations.

Benoît Cœuré

In late November, 2011, Cœuré was nominated to the ECB executive board to replace Italy’s Lorenzo Bini Smaghi.

Cœuré was named to manage ECB market operations as of March, 2012, succeeding José Manuel González Paramo, as well as payment systems and market infrastructures, and economic research.

Controversies involving the Indian Premier League

Because the inaugural IPL season coincided with the County Championship season as well as New Zealand's tour of England, the ECB and county cricket clubs raised their concerns to the BCCI over players.

Cricket in England

In 2005 the ECB concluded a commercial arrangement with BSkyB which gave Sky the exclusive television rights for live Test cricket in England for four years (the 2006 to 2009 seasons).

Cricket pitch

England is the hub for considerable research in the preparation of cricket pitches, and some outstanding research has recently been conducted by Cranfield University working with the ECB and the Institute of Groundsmanship (IOG).

Dilawar Mani

Dilawar Mani born in Rawalpindi, Pakistan, is the Chief Executive Officer of Emirates Cricket Board (ECB), the ICC-authorized regulatory authority of UAE cricket.

England and Wales Cricket Board

The ECB courted further controversy in 2005 when they appeared to dither over the employment contract of the bowling coach Troy Cooley who was seen by many as an important contributor to England's Ashes success.

European Central Bank Headquarters

The ECB's headquarters is legally required by the Treaties of the European Union to lie within the city limits of Frankfurt, the largest financial centre in the Eurozone.

Independent Commission on Banking

The Liikanen report or Report of the European Commission's High-level Expert Group on Bank Structural Reform is a set of recommendations that was published in October 2012 by a group of experts led by Erkki Liikanen, governor of the Bank of Finland and ECB council member.

Jillian van Turnhout

She was also Secretary General of the ECB-BEC (predecessor to the European Youth Forum) and is the former Chief Executive of the Children's Rights Alliance.

Landscape products

Geotextiles are used for drainage to either convey or allow water penetration and to prevent the mixing of two different materials; geomembranes are used to contain liquids in ponds or wastes in landfills; geogrids and geocells are used for load support and to increase the bearing capacity of weak soils; and geocells as well as a variety of turf reinforcement mats (TRM) and erosion control blankets (ECB) are used for slope and channel protection and erosion control.

Liverpool and District Cricket Competition

ECB Premier League: Bootle, Colwyn Bay, Highfield, Hightown, Leigh, Lytham, New Brighton, Newton le Willows, Northern, Northop Hall, Ormskirk, Rainford.

ECB Premier League: Bootle, Colwyn Bay, Highfield, Hightown, Lytham, New Brighton, Newton le Willows, Northern, Northop Hall, Ormskirk, Prestatyn, Wallasey.

Next Greek legislative election

On October 14, the European Central Bank (ECB) began saying Greece would need a third bailout.

Policy reactions to the Eurozone crisis

Weber was replaced by his Bundesbank successor Jens Weidmann, while Belgium's Peter Praet took Stark's original position, heading the ECB's economics department.

President of the European Central Bank

ECB board members Axel A. Weber and Jürgen Stark resigned in protest at this policy, even if it helped prevent states from defaulting.

Richard Kettleborough

He was the ECB's designated TV umpire on the ICC International Panel for the 2009 season, but was appointed to stand on-field in a Twenty20 between England and Australia in August 2009 and a One Day International between the same sides a month later.


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