ECB Staff Revolt Over ‘Anti-Democratic’ Practices

ECB Staff Revolt Over ‘Anti-Democratic’ Practices
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Staff at the European Central Bank (ECB) are reportedly rebelling against what they describe as ‘anti-democratic’ practices within the institution. A letter to ECB President Christine Lagarde highlights complaints of favoritism, burnout, and precarious employment conditions.

  • ECB staff accuse the institution of favoritism, burnout, and over-reliance on temporary contracts.
  • Carlos Bowles, chair of the staff committee, calls the ECB an 'unaccountable legal fortress' in a letter to Lagarde.
  • Lagarde promotes the euro's global role while facing criticism for failing to uphold rule of law within the ECB.
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