Germany Press: EU Ombudsman Probes Draghi’s Role In G30 Lobby

Author: Market News International | Category: News

Author: Market News International

FRANKFURT (MNI) – ECB President Mario Draghi is being investigated
by the EU’s ombudsman over his role in the Group of Thirty lobby group,
the German magazine Der Spiegel reported Monday in its online edition.

EU Ombudsman Nikiforus Diamandouros has asked the ECB to report
back by the end of October on Draghi’s role in the G30 and whether his
membership could be considered a conflict of interest, according to Der
Spiegel.

The EU’s ombudsman is charged with fielding and investigating
complaints lodged against EU institutions by citizens or associations.

The G30 is a lobby group of senior bankers and economists,
including some former and current central bankers.

— Frankfurt bureau: +49 69 720 142; email: ccermak@marketnews.com —

[TOPICS: M$X$$$,M$$EC$,MGX$$$,M$G$$$]