Independence of the Because the key decisions should the appointment of the Board of Directors of the ECB is always stressful. This stress is not just happening in the countries using the Euro but also come from Britain, a country but has not yet joined the Monetary Union but still want to have a seat in the Board of Directors. Under the pressure of certain countries, 3 out of 6 of the Board of Director seats are reserved for the large countries in the Union include France, Germany, Italy, and Spain. Although the personnel appointment process of the Board of Directors of the political pressure, but after the personnel issues have been settled, the Board of Directors has a very high independence in deciding policy. The Board of the ECB consists of the President, the Vice-President and four other members nominated by the Board of Governors and the European Council approved the principle of majority. Member of the Board of Directors are the ones who are competent and experienced in the field of currency and/or the Bank. The Board of Directors has the right to suggest the ECB's HR regime to the Council of Governors decided. The term of members of the Board of Directors is 8 years-i.e. the longer than the term of 35 European Parliament is five years-and not be re-appointed. The President of the ECB at the same time keeping the country's Chairman of the Board of Directors and Chairman of the Advisory Council. In the case of members of the Board of Directors no longer qualify as needed to execute his duties, or if a serious mistake the Court of the European communities may be at the request of the Board of Governors or Board of Directors members from it.
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