Central Bankers at ECB Accused of Behaving in ‘Anti Democratic’ Way, Refusing To Respect Rule of Law: Report

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Staffers at the European Central Bank (ECB) are reportedly revolting against what they say are “anti-democratic” practices at the Frankfurt-based institution. The Financial Times reports that the bank’s staff committee sent a letter to ECB President Christine Lagarde that addressed “widespread complaints of favoritism, high burnout rates and the vulnerability of many colleagues working under temporary contracts.” Carlos Bowles, the chair of the staff committee, penned the letter, accusing the EC...