Bowles blasts lack of women at ECB
Tuesday 31 January 2012 - by Karina Whalley
The recently re-elected chair of the European Parliament's economic and monetary affairs committee has pointed out that not a single woman sits on the ECB's executive board, governing council or general council - a crucial area of EU policy.
The general council which deals with transitional issues of euro adoption comprises of the ECB president and vice head as well as the governors of all 27 EU national central banks, none of which are women.
"One has to ask why important and influential EU bodies such as the ECB systematically fail to select female candidates," she said.
"The argument that there are no qualified women for these positions cannot be taken seriously."
Bowles says experience shows that an approach of always seeking both a male and female candidate eventually brings success. The 58-year-old finds it "intolerable" that no such appropriate strategy has yet been developed.
"I call on all parties to consider the institutional shortcomings that lead to the systematic absence of women in this crucial area of EU policy and to remedy this situation now," she urged.
The fiery Econ chair has a history of speaking out on controversial European issues including on executive pay and the survival of the euro.
"The European Central Bank should not be a man's world," Bowles said.
|Login||Register||Most read||Most commented|
Will markets in 2012 have a tougher time than 2011?