ECB staff committee protests over bank’s ‘misuse’ of powers

The European Central Bank

The European Central Bank’s staff committee has accused its president Christine Lagarde and a fellow member of its executive board of not abiding by the principles they recently professed to hold dear.

The four-page letter, sent yesterday (July 28) and seen by Central Banking, reflected on an opinion piece by ECB president Christine Lagarde and a speech on June 7 by Frank Elderson, both of which extolled “European values” such as the rule of law.

The letter – signed by the committee’s spokesperson

by :

Source link

Capital Media

Read Previous

Rate for : NEW ZEALAND

Read Next

Chevron granted restricted US license to operate in Venezuela, sources say