Economy

53% of ECB staff don’t think Christine Lagarde is right for top job – survey

The European Central Bank said the poll – in which the majority of respondents assessed Lagarde’s presidency as “poor – is ‘flawed’

Christine Lagarde, ECB president: many criticized Lagarde for spending ‘too much time on topics unrelated to monetary policy and going too frequently in the political domain.’ Picture: Getty

Christine Lagarde’s performance as European Central Bank chief was criticised in a staff union survey marking the halfway point of her eight-year term.

A slight majority of respondents in the December poll assessed her presidency as either “poor” or “very poor,” the IPSO union said in a document summarizing the findings and seen by Bloomberg. More than 53 per cent also said Lagarde wasn’t currently the right person for the job. The survey was first ...