The Executive Board must be representative of the euro area
1 February 2018
The process has already started for the replacement of the current members of the European Central Bank’s Executive Board. There seems to be a lot of inter-governmental bargaining behind the scenes, though nothing specific for legislators to examine. The standard procedure for appointing the new Executive Board is opaque and deprives the European Parliament from adequately scrutinising the nominees.
In a January 23, 2018 article for the civil society platform QE for People, Stanislas Jourdan argues forcefully that the the election of ECB board members is in urgent need of reform:
The nomination process of ECB boardRead More »