Financial Times: «Lagarde’s wage is 4 occasions that of Powell», 726,000 euros per yr | EUROtoday

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According to an evaluation by Financial TimesEuropean Central Bank President Christine Lagarde’s full wage is greater than 50% increased than the establishment’s reported wage. According to the newspaper’s calculations, in 2024 he earned a complete of round 726,000 euros, round 56 % greater than the ‘base’ wage of 466,000 euros communicated by the ECB in its annual report.

This means Lagarde earns virtually 4 occasions greater than US Federal Reserve Chair Jay Powell, whose wage is ready by US federal regulation and is presently capped at $203,000 (172,720 euros).

Lagarde’s fundamental wage alone makes her the very best paid official within the EU: the annual fundamental wage of the President of the European Commission Ursula von der Leyen is 21% decrease, the City newspaper recollects. In addition to her fundamental wage on the ECB, the FT says, Lagarde receives round 135,000 euros in housing advantages and different bills and round 125,000 euros for her place as one of many 18 members of the board of administrators of the Bank for International Settlements. The ECB’s annual report makes no reference to Lagarde’s wage on the BIS.