Lagarde in hot water over ‘additional’ BIS salary despite ECB limits on extra pay 😔

Lagarde in hot water over ‘additional’ BIS salary despite ECB limits on extra pay 😔

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Lagarde in hot water over ‘additional’ BIS salary despite ECB limits on extra pay
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Christine Lagarde disclosed receiving 130,457 Swiss francs from the Bank for International Settlements, raising concerns among ECB employees about her 'double salary'. Staff members are prohibited from accepting outside payments, leading to frustration. The ECB defends Lagarde's separate salary due to her executive role and responsibilities, noting that her predecessors also received BIS allowances. Lagarde is currently the highest-paid official in the EU with an estimated annual income of €743,000.

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dishonesty, frustrated, prohibited
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apparent, separate, current