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ECB staff losing faith in leadership as inflation bites, survey shows

From reuters.com

European Central Bank staff are losing confidence in the institution's leadership following the ECB's failure to control inflation and a pay award that lagged the leap in prices, according to a survey by trade union IPSO. The survey is the first by IPSO, which holds six out of nine seats on the ECB's staff committee, to ask about trust in top management since Christine Lagarde took over as ECB President in late 2019. It was organised in the context of negotiations over pay and remote-working arrangements. Results were sent to ECB staff on Tuesday in an email, seen by Reuters. They showed two-thirds of roughly 1,600 ... (full story)

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