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A union-run employee survey at the European Central Bank (ECB) has revealed dissatisfaction with ECB President Christine Lagarde’s leadership. The survey found that some staff accused Lagarde of fostering a negative atmosphere and focusing too much on her own career. Over half of the respondents rated Lagarde’s performance as “very poor” or “poor.” While she was rated slightly more favorably on policy-related questions, staff were divided on whether she had effectively communicated monetary policy. The survey was conducted in December 2023, around the midpoint of Lagarde’s eight-year term.

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