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EU: Parliamentary panel votes no on nominee for ECB job in dispute over lack of women at bank

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EU: Parliamentary panel votes no on nominee for ECB job in dispute over lack of women at bank

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A European Parliament committee has voted against the nomination of Luxembourg’s top central banker to a post at the European Central Bank, saying eurozone leaders should have looked at female candidates at a time when the bank has no women among its top leadership.

The unprecedented “no” vote Monday from the economic and monetary affairs committee comes after legislators complained no women were considered along with Yves Mersch.

The nomination now goes to the full parliament. Legislators’ opinion is advisory and they cannot block Mersch’s nomination for a seat on the six-member ECB executive board. The board runs the bank day to day at its headquarters in Frankfurt, Germany.

Still, the rejection underlines legislators’ effort to get EU leaders to come up with a plan to recruit more women for such posts.

Read more at Washington Post, published 23 October 2012.

News

A European Parliament committee has voted against the nomination of Luxembourg’s top central banker to a post at the European Central Bank, saying eurozone leaders should have looked at female candidates at a time when the bank has no women among its top leadership.

The unprecedented “no” vote Monday from the economic and monetary affairs committee comes after legislators complained no women were considered along with Yves Mersch.

The nomination now goes to the full parliament. Legislators’ opinion is advisory and they cannot block Mersch’s nomination for a seat on the six-member ECB executive board. The board runs the bank day to day at its headquarters in Frankfurt, Germany.

Still, the rejection underlines legislators’ effort to get EU leaders to come up with a plan to recruit more women for such posts.

Read more at Washington Post, published 23 October 2012.

News