ECB nominates Frank Elderson as Vice-Chair of the Supervisory Board
18 December 2020
EU Council to give final approval after parliamentary vote
The Governing Council of the European Central Bank (ECB) today has proposed the appointment of ECB Executive Board member Frank Elderson as Vice-Chair of the ECB’s Supervisory Board.
The ECB has informed the Chair of the European Parliament’s Committee on Economic and Monetary Affairs (ECON), Irene Tinagli, in line with the Interinstitutional Agreement between the ECB and the European Parliament. The ECB has also informed the President of the Economic and Financial Affairs Council, Olaf Scholz, the German Minister of Finance. Mr Elderson will appear before the ECON Committee at a hearing on a date to be confirmed.
ECB nominates Frank Elderson as Vice-Chair of the Supervisory Board (223 KB)
12/18/2020 | 08:17am EDT
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Message : Governing Council submits proposal to European Parliament for new Vice-Chair of ECB s Supervisory Board EU Council to give final approval after parliamentary vote The Governing Council of the European Central Bank (ECB) today has proposed the appointment of ECB Executive Board member Frank Elderson as Vice-Chair of the ECB s Supervisory Board. The ECB has informed the Chair of the European Parliament s Committee on Economic and Monetary Affairs (ECON), Irene Tinagli, in line with the Interinstitutional Agreement between the ECB and the European Parliament. The ECB has also informed the President of the Economic and Financial Affairs Council, Olaf Scholz, the German Minister of Finance. Mr Elderson will appear before the ECON Committee at a hearing on a date to be confirmed.
By Burhan Khadbai, Jasper Cox
16 Dec 2020
Politicians across Europe are interested in the idea of the European Central Bank writing off the government bonds it holds, but this looks tricky and potentially not so useful after all.
On Friday, the European Parliament s Committee on Economic and Monetary Affairs published a letter that 17 members of the parliament had written to the ECB.They say that the ECB should consider cancelling the public debt it holds, so as to further support the economy during this crisis
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