Eurozone governments will soon have to fill two open slots on the European Central Bank's Executive Board. Rather than proposing candidates who will forcefully promote national views, they should consider nominees who are likely to be able to influence ECB policy.
ZURICH – Three months after they chose Christine Lagarde to succeed Mario Draghi as president of the European Central Bank, eurozone governments now have other major personnel decisions to make regarding the ECB’s Executive Board. With German board member Sabine Lautenschläger having unexpectedly resigned last month, and her French colleague Benoît Cœuré’s eight-year term ending in December, there are two open slots to be filled.
ZURICH – Three months after they chose Christine Lagarde to succeed Mario Draghi as president of the European Central Bank, eurozone governments now have other major personnel decisions to make regarding the ECB’s Executive Board. With German board member Sabine Lautenschläger having unexpectedly resigned last month, and her French colleague Benoît Cœuré’s eight-year term ending in December, there are two open slots to be filled.