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flag ECB Chief Lagarde drew criticism for €140K from BIS, sparking debate over unequal pay rules.

flag Christine Lagarde, president of the European Central Bank, received about €140,000 from the Bank for International Settlements in 2025 for her board role, sparking internal criticism over a perceived double standard, as ECB staff are barred from accepting external payments for duties tied to their jobs. flag The ECB says its rules do not apply to Lagarde due to her status as a high-level official, and her compensation is justified by governance and legal responsibilities. flag Some central banks, including the U.S. Federal Reserve and Bank of France, prohibit such payments. flag Staff express frustration over lack of transparency and unequal treatment, while Lagarde has not confirmed reports she may step down before the 2027 French presidential election.

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