norberthaering (en-GB)

EU-Parliament wants Trichet removed from ECB-ethics committee and Draghi from G30

Yesterday, the EU-Parliament adopted a report, which calls on the ECB “to ensure that the Ethics Committee is not chaired by a former president of the ECB” and stresses that the president or board members of the ECB should not be members of the G30 or other groups which include executives from banks supervised by the ECB.

For those not familiar with the discussion around these issues, the background is here:

Jean-Claude Trichet cannot be chairman of the ECB’s ethics committee any longer 21 January 2018

Why Mario Draghi will not be able to stay in the Group of Thirty 18.8.2015

The ECB resorts to omissions, half-truths and misrepresentations to defend Draghi's G30-membership 19.11.2017

If you should be interested in implications for countries like Britain, you might want to read:

The Curious Silence of the British Media Regarding Mark Carney and the Secretive G30 19.1.2018

[7. February 2018]

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