swissaustrian
Yellow Jacket
- Messages
- 2,049
- Reaction score
- 0
- Points
- 0
Talking about insider protection.The following is a short article by Bloomberg, a more detailed one was published in a major German newspaper today:
Here's the original article, it says that the EBC leadership is feeling very uncomfortable about the issue. Representatives of the employees have even taken the ECB to court about this. It's a pending case:
http://www.faz.net/aktuell/wirtschaft/inflation-kleinglaeubige-ezb-beamte-11717693.html
http://www.bloomberg.com/news/2012-...not-protected-against-inflation-fas-says.htmlECB Workers’ Pensions not Protected Against Inflation, FAS SaysEuropean Central Bank employees’ pensions are not protected against inflation, the Frankfurter Allgemeine Sonntagszeitung reported, citing Carlos Bowles, an employee spokesman.
“We don’t understand why the ECB leadership refuses to protect our pensions against inflation,” the newspaper quoted Bowles as saying.
Here's the original article, it says that the EBC leadership is feeling very uncomfortable about the issue. Representatives of the employees have even taken the ECB to court about this. It's a pending case:
http://www.faz.net/aktuell/wirtschaft/inflation-kleinglaeubige-ezb-beamte-11717693.html