EU Parliament approves official for top ECB post

FRANKFURT, Germany (AP) - The European Parliament has approved the nomination of a German central bank official to serve on the top leadership body of the European Central Bank.

Bundesbank Deputy President Sabine Lautenschlaeger, 49, was approved Thursday by a vote of 443 to 47.

The approval follows criticism from members of parliament about the absence of women in top ECB posts.

Lautenschlaeger replaces Joerg Asmussen on the six-member executive board that runs the ECB day to day at its Frankfurt headquarters. Asmussen resigned to take a post with the German government.

Since 2011 there had been no woman on the executive board or the 23-member rate-setting council, which expanded to 24 seats on Jan. 1 when Latvia joined the euro.


(Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

Top Stories

  • Placing Blame
    Jason Rantz says it's the Seattle DOT that's to blame for our awful commutes

  • Spider Season
    Just in time for Halloween, western Washington spider season in full effect

  • More Than Mediocrity
    Shannon Drayer says a wild-card World Series isn't a bad thing
ATTENTION COMMENTERS: We've changed our comments, but want to keep you in the conversation.
Please login below with your Facebook, Twitter, Google+ or Disqus account. Existing MyNorthwest account holders will need to create a new Disqus account or use one of the social logins provided below. Thank you.
comments powered by Disqus
Sign up for breaking news e-mail alerts from MyNorthwest.com
In the community
Do you know an exceptional citizen who has impacted and inspired others?
KIRO Radio and WSECU would like to recognize six oustanding citizens this year. Nominate them to be recognized and to receive a $2,000 charitable grant.