ECB staff backs Draghinomics but resents his “kitchen cabinet”

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ECB staff backs Draghinomics but resents his...
 © In-Cyprus 2020

European Central Bank staff back Mario Draghi’s aggressive stimulus policy but resent the perception that he relied on a “kitchen cabinet” and allowed favouritism at the institution, a survey showed on Wednesday.

Draghi is due to step down on Oct. 31 after eight years in which he has been universally credited for preventing a break-up of the euro zone.

But he has also been accused by fellow policymakers of failing to consult broadly and forcing through some controversial decisions, such as resuming a 2.6 trillion euro bond-buying programme last...


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This article was automatically added to our system 23-10-2019

ECB staff backs Draghinomics but resents his “kitchen cabinet”


The contents of this article including any associated images are © In-Cyprus 2020
Views & opinions expressed in this article are those of the author and/or In-Cyprus .

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Article Tags: staff, backs, draghinomics, resents, kitchen, cabinet,