The ECB’s nationality problem: unpublished research by the European Central Bank’s staff committee, seen by POLITICO, found that many of the institution’s teams are dominated by a single nationality.
The ECB’s nationality problem: unpublished research by the European Central Bank’s staff committee, seen by POLITICO, found that many of the institution’s teams are dominated by a single nationality.
7 comments
Yep, that kinda is a known fact isn’t it? Germany and Italy are kinda the dominant bully of the EU.
> Rather than working with the central bank’s machinery, Draghi relied on a small group of confidantes while sidelining other members of staff, including fellow executive board members who didn’t back his each and every move
So he established his own little mafia ? :’)
> After a long and successful career at the European Central Bank, Alex, who wants to keep their real name confidential and goes by the pronoun they, **is being pushed aside by their Italian boss for another Italian**.
> This example is about just one of many teams at the ECB that’s dominated by a single nationality. Unpublished research by the ECB staff committee, seen by POLITICO, shows that there are 24 such nationality “clusters” in 17 of the ECB’s 25 departments. Most clusters are either German, totalling 13, or Italian, with five.
> The research defines a cluster in two ways. It can be a department in which at least three managers have the same nationality and when the share of managers from a single nationality is higher than implied by the country’s comparative size, as reflected in the ECB’s capital key.
> While it may sound benign, “clustering” can lead to problems big and small. An employee doesn’t need to be actively pushed aside by a superior to make room for a friend from back home to make other staff feel disadvantaged or uncomfortable. **Alex recalls meeting after meeting in which colleagues spoke Italian, leaving Alex sidelined**. “I missed out on a lot of essential information,” said Alex.
This is bad, like this is unfathomable bad for the ECB as an instruction and the trust we give it, to be under this level of nepotism.
I can’t believe that the ECB is still at the “I don’t like french or ~~ english, I’m going to speak in italian or german and fuck you”~~.*
This needs fixing, like right now, our it will be one of ECB liabilities in the coming economic crisis in the Eurozone.
LE: *apparently wrong ?, EN, FR, DE are mandatory languages as they are EU working language, but not Italian.
Can’t win with military so switch to economic dominance 😂.
Not surprising at all honestly, this was basically common knowledge.
That is an issue
Isn’t this just “working staff”? I think what actually counts is the representation in the executive board because that’s where the decisions are made and in particular the nationality of the ECB director.