§ Mr. BercowTo ask the Prime Minister if he will take steps to require the publication of the (i) salary and 265W (ii) terms and conditions of employment of (a) the President and (b) the Executive Board Members of the European Central Bank. [83559]
§ The Prime MinisterAs the President of the ECB made clear at a hearing of the European Parliament on 15 July 1998, the system is such that the salary of a member of the Executive Board of the ECB is about 10 per cent. higher than the highest Director-General's salary at the European Commission. The salary of the Vice-President is 20 per cent. higher and his salary as President is 40 per cent. higher than the salary of an Executive Director.