Friday December 13, 2019

Key European Parliament committee backs Lane for ECB post

The Central Bank Governor told MEPs the ECB’s current policy was sufficient to respond to a limited adjustment in the economic outlook. His comments come amid signs that the euro zone outlook is deteriorating

26th February, 2019
Central Bank Governor Philip Lane

The European Parliament’s Economic and Monetary Affairs Committee has overwhelmingly backed the appointment of Central Bank Governor Philip Lane to the executive board of the European Central Bank.

This follows his appearance before the committee on Tuesday morning. The vote in favour was 33 to eight, with six abstentions.

The committee's vote will need to be confirmed by a full vote of the parliament in March. EU leaders will have the final word.

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader



Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.



€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.




90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Related Stories

Patient advocates are unhappy with the latest report on the national cervical screening programme and want further reviews, but some medical experts say resources would be better used elsewhere

Susan Mitchell | 5 days ago

Britain’s so-called ‘election of a generation’ is as muddled and confused as the Brexit debate that preceded it. On the ground in a number of constituencies, it proves difficult to take the temperature of this strangest of political contests

Susan O'Keeffe | 5 days ago

Undisclosed pay deals, secret pensions and underpayment of tax are just some of the problems left by John Delaney, as last week’s press conference revealed that the FAI has a long road ahead of it

Róisín Burke | 5 days ago