Irish economist urges staff quota system for ECB amid fears Ireland may fall behind
The European Central Bank (ECB) is facing calls to bring in nationality-based quotas for staff recruitment. This comes after an Irish member of the ECB's executive board called on Dublin to ensure a substantial presence of Irish citizens among the bank's employees. ECB chief economist, Philip Lane, who is Irish, is expected to retire within the next 10 years and he is worried that the numbers of his countrymen and women within the bank are declining meaning Ireland will have less representation than it has presently. He recently warned an Irish government minister about the potential decline i...