Lane’s ECB appointment will be a feather in Ireland’s cap

Lane’s ECB appointment will be a feather in Ireland’s cap

The upcoming appointment of the Central Bank governor Philip Lane to the ECB executive board will greatly increase our clout in Europe

The recent announcement by eurogroup president Mário Centeno that Philip Lane, the governor of the Central Bank, is the only candidate nominated by European governments for the open position on the ECB’s executive board is a success not only for Lane, but also for Ireland. His appointment is now likely to be a mere formality.

First, it marks Ireland’s regained standing within the eurozone following its recovery from the exceptionally deep economic crisis...

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