The independence of HR
As important decisions should the appointment of the ECB's board of directors is always stressful. This tension is not only occurring within the countries using the euro, but also from England, a country having not joined the monetary union but still want to have a seat on the board of directors. Under pressure from some countries, 3 of the 6 seats for the Board of Directors are big countries in the coalition including France, Germany, Italy, and Spain. Although the process of appointment of the board of directors of personnel under political pressure, but after personnel matters has been settled, the board of directors have a very high independence in deciding policy. ECB board of directors composed of the president, vice-president and four other members from the Board of Governors nominated and approved by the European Council on the principle of majority. Members of the Board of Directors is competent and experienced in the field of monetary and / or banking. The Board of Directors may request the ECB's regime to the Board of Governors decided. The term of the members of the Board of Directors is eight years - which is longer than the term of the 35 European Parliament is 5 years - and may not be reappointed. ECB President concurrently served as chairman of the board of directors and advisory council chairman. In the case of members of the board of directors no longer qualify necessary to execute his duties or if serious mistakes, the General Court of the European Communities may at the request of the Board of Governors or the Board of directors that member from office.
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