Ireland fires first shot in race for top ECB jobs
canada goose outlet shop DUBLIN (Reuters) Ireland nominated its central bank governor Philip Lane for the canada goose uk shop post of European Central Bank buy canada goose jacket cheap vice president on Tuesday, the first shot in a high stakes battle for the role that could foreshadow the tussle for the ECB top job. canada goose outlet shop
official canada goose outlet FILE PHOTO Governor of the Central Bank of Ireland Philip R. Lane speaks at open the new Central Bank of Ireland offices in Dublin, Ireland April 24, 2017. REUTERS/Clodagh Kilcoyne official canada goose outlet
Euro zone finance ministers launched the process of choosing his replacement last week, kicking off two years of significant canada goose factory sale change on the six member canada goose uk black friday executive board of the ECB, one of Europe most important institutions.
canada goose black friday sale The decision is being closely watched by investors because it could end up influencing the race to replace ECB President Mario Draghi in 2019. canada goose black friday sale
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canada goose outlet But some southern euro zone members may welcome Lane nomination because they believe de Guindos aligned canada goose coats himself too closely with hardline German positions in recent years. canada goose outlet
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European governments can present their candidates for the vice presidency until Feb. 7 and euro zone finance ministers will vote on Feb. 19, ahead of a European Parliament hearing and final appointment by EU leaders.
canada goose outlet uk sale Irish Finance Minister Paschal Donohoe confirmed Lane nomination on Tuesday, calling the 48 year canada goose coats on sale old Harvard educated economist and former Trinity College, Dublin professor qualified for the post. canada goose outlet uk sale
canada goose outlet new york city Until recently Lane, who was appointed to a seven year term as governor of Ireland central bank in October uk canada goose 2015, had been mentioned as a possible candidate to replace Peter Praet as ECB Chief Economist, another board position, in 2019. canada goose outlet new york city
canada goose outlet online If he were to get the number two job, he could in theory take on the additional role of chief economist when Praet leaves, but European officials said juggling cheap canada goose uk both positions might prove difficult in practice. canada goose outlet online
canada goose outlet store uk Draghi, Praet and Frenchman Benoit Coeure, also a board member, will all see their terms end next year. That promises to create a great deal of uncertainty at a time when the ECB is beginning to unwind years Canada Goose online of ultra loose monetary policy, including its controversial quantitative easing (QE) programme. canada goose canada goose black friday sale outlet store uk
canada goose outlet nyc In evaluating a de Guindos candidacy, some ECB officials have privately expressed concern that European governments could end up packing the Canada Goose Online board with politicians, rather than experienced economists and central bankers. canada goose outlet nyc
goose outlet canada Sylvie Goulard, a former member of the European Canada Goose sale Parliament, was named deputy governor of the Bank of France earlier this month, and is seen canada goose outlet as a possible contender to replace Coeure. goose outlet canada
politician on the board is fine, but if you get two or more that could be seen as a problem, one central bank official told Reuters.
Further complicating the debate over Canada Goose Coats On Sale the vice presidency are demands from the European Parliament that governments put forward women candidates as well as men.
canada goose outlet toronto factory Currently, there are just two women on the ECB 25 member governing council and one on the six member board. canada goose outlet toronto factory
Euro zone officials noted on Tuesday that Spain had not formally put forward de Guindos as a candidate yet. Some speculated that Prime Minister Mariano Rajoy canada goose uk outlet could nominate a woman instead if he senses that support for his economy minister is lacking.
canada goose outlet uk wait and see who puts their name forward to replace Constancio. Then we can judge based on the merits of the candidates, a French finance ministry official said after Lane nomination. canada goose outlet uk
There are no doubts about Lane qualifications. He has acted as an academic consultant for the European Commission, International Monetary Fund, World Bank and a number of central banks, including the buy canada goose jacket ECB.
canada goose outlet store More recently he spearheaded a taskforce in Frankfurt working on a new asset aimed at breaking a vicious circle of lending by banks to their national governments. canada goose outlet store
canada goose outlet parka Reporting by Padraic Halpin; Additional reporting by Noah Barkin in Berlin, Jan Strupczewski and Alastair Macdonald in Brussels, and Michel Rose in Paris; Editing by Catherine Evans canada goose outlet parka.