{"id":38476,"date":"2019-10-09T16:19:01","date_gmt":"2019-10-09T14:19:01","guid":{"rendered":"https:\/\/sg.admk-dev.de\/panetta-nomination-for-ecb\/"},"modified":"2019-10-09T16:19:01","modified_gmt":"2019-10-09T14:19:01","slug":"panetta-nomination-for-ecb","status":"publish","type":"post","link":"https:\/\/sven-giegold.de\/en\/panetta-nomination-for-ecb\/","title":{"rendered":"Men’s nomination: EU Parliament must seek institutional conflict after Panetta’s nomination for ECB Executive Board"},"content":{"rendered":"

Today the Eurogroup decided to nominate Fabio Panetta to succeed Beno\u00eet Coeur\u00e9 as a member of the ECB Executive Board. Following the departure of Mrs Lautenschl\u00e4ger, there would now be five men and only one woman (Christine Lagarde) on the Executive Board, and 24 men and only one woman on the Governing Council.<\/p>\n

MEP Sven Giegold, financial and economic policy spokesperson of the Greens\/EFA group commented:<\/p>\n

“The nomination of Fabio Panetta as successor of Beno\u00eet Coeur\u00e9 on the Executive Board of the ECB is an affront to the European Parliament. When calling for gender balanced shortlists, Parliament has declared that in future it will ignore any men-only nomination. The finance ministers acted as if nothing had happened. The European Parliament cannot simply accept this decision. We call on all political groups to stop ridiculing themselves and seek the institutional conflict. Parliament must now examine the nomination of Panetta thoroughly. Parliament\u2019s opinion on Panetta must be accompanied by a change in the Eurogroup\u2019s nomination policy. After Sabine Lautenschl\u00e4ger’s departure, Christine Lagarde would now be the only woman in the ECB’s leading body.<\/em><\/p>\n

If Panetta wants to take up a leading position at the ECB, he must overcome his national views on the banking union. In the past, Panetta has declared the European banking rules as unsuitable for Italian banks and criticised the bail-in of shareholders and creditors in bank bailouts. The European Central Bank needs real Europeans at its helm.”<\/em><\/p>\n

 <\/p>\n

Picture: wikimedia<\/p>\n","protected":false},"excerpt":{"rendered":"

Today the Eurogroup decided to nominate Fabio Panetta to succeed Beno\u00eet Coeur\u00e9 as a member of the ECB Executive Board. Following the departure of Mrs Lautenschl\u00e4ger, there would now be five men and only one woman (Christine Lagarde) on the Executive Board, and 24 men and only one woman on the Governing Council. MEP Sven […]<\/p>\n","protected":false},"author":36148,"featured_media":38173,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-38476","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"\nMen's nomination: EU Parliament must seek institutional conflict after Panetta's nomination for ECB Executive Board - Sven Giegold<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sven-giegold.de\/en\/panetta-nomination-for-ecb\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Men's nomination: EU Parliament must seek institutional conflict after Panetta's nomination for ECB Executive Board - Sven Giegold\" \/>\n<meta property=\"og:description\" content=\"Today the Eurogroup decided to nominate Fabio Panetta to succeed Beno\u00eet Coeur\u00e9 as a member of the ECB Executive Board. 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