Lane awaits word of new top ECB job

Lane awaits word of new top ECB job
Philip Lane, governor of the Central Bank. Pic: Fergal Phillips

If, as expected, the governor of the Central Bank is appointed to a key position on the board of the European Central Bank, it will mean that Ireland at last has a seat at the top table in Europe – and at a crucial time

It will be a nervous two weeks for Philip Lane, as he waits to see if a rival emerges to challenge him for a key position on the executive board of the European Central Bank (ECB). As had been expected, last Monday morning on his way into the meeting of European finance ministers, Paschal Donohoe told the waiting television cameras that he would indeed be nominating the Central Bank governor for the plum role in Frankfurt.

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