5 months Ago
Appointment and Salary Terms Discussions
The appointment of Sleijpen followed weeks when the duration of the term and his remuneration pay were contentious subjects. Originally, the finance ministry had suggested cutting his term from seven to five years; but it has now abandoned that proposal. But Sleijpen will earn less than his predecessors: around €450,000 a year, about €20,000 less than Knot. In excess of the €233,000 cap for public sector salaries, an exemption was given; a process that was simplified after the cabinet lost the far-right populist party the PVV.
Central Bank's Hurdles to Come
Sleijpen said it was "a great honour and a great responsibility" to hold the position and added it was vital for the bank to remain an independent and agile authority as the central banks "find themselves in a tough spot worldwide". His main concerns are to maintain price stability; promote innovation; react to geopolitical shifts; and solve bloc-wide problems such as pension reform, inflation, Eurobond policy and regulation of the banking sector.
