Sven Giegold


Despite ECB cap: Bonus payments by Deutsche Bank still too high

Bloomberg and the Financial Times report that Deutsche Bank’s bonus plans for 2020 had been downsized by the ECB, citing internal sources. Before, it had been expected that bonus payments at Germany’s largest lender could rise compared to the previous year. For 2019, Deutsche Bank had paid out around 1.5 billion euros to employees, despite […]

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New ECB Executive Board member: Eurogroup refuses gender-balanced selection procedure

On Monday 9 November, Dutchman Frank Elderson will appear before the European Parliament’s Committee on Economic and Monetary Affairs (ECON) for a hearing. Mr Elderson is to succeed Yves Mersch on the Executive Board of the ECB. Following the Eurogroup’s selection of Elderson as a candidate in early October, the Governing Council of the ECB […]

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New ECB whistleblower channel: Success for whistleblower protection

The ECB has announced that it will introduce an improved internal reporting channel for whistleblowers. This is a major achievement on the road to greater support for all those who uncover malpractice for the sake of the common good. All too often whistleblowers are subject to considerable reprisals, lose their jobs or are sued for […]

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Eurogroup / candidate for ECB executive board: European Parliament must insist on gender-balanced shortlist

Today, the Euro finance ministers in the Eurogroup agreed on a candidate to succeed Yves Mersch for the ECB executive board. The candidate is to be proposed tomorrow by the Council for Economic and Financial Affairs (ECOFIN) before being appointed by the European Council, following opinions from the European Parliament and the Governing Council of […]

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