Thursday February 20, 2020

Lane closer to seat at ECB top table

If approved, the former Trinity College professor would replace the bank’s current chief economist Peter Praet, who is stepping down at the end of May

12th February, 2019
Philip Lane. Pic: RollingNews.ie

If approved, the former Trinity College professor would replace the bank’s current chief economist Peter Praet, who is stepping down at the end of May.

Ireland, a founder member of the euro zone, has never held a seat on the six-member ECB board. The European Parliament and the ECB itself will now give their opinions before EU leaders make a final decision on Lane’s candidacy at their summit on March 22 and 23.

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