Ad
The Eurovision Song contest final is in Tel Aviv on Saturday night. The race to replace Mario Draghi at the European Central Bank comes to a climax in October (Photo: Sander Hesterman (EBU))

The ECB Song Contest?

One can't help feeling that the race to succeed Mario Draghi as president of the European Central Bank has taken on the flavor of the upcoming final round of the Eurovision Song Contest.

Governments want a candidate from their country to win because it makes them look good, not because the candidate would necessarily improve ECB policymaking.

Bloc voting, which could pit the European Union's northern and southern members against each other, is almost certain to be a feature of t...

Get EU news that matters

Back our independent journalism by becoming a supporting member

Already a member? Login here

Disclaimer

The views expressed in this opinion piece are the author’s, not those of EUobserver

Author Bio

Stefan Gerlach is chief economist at EFG Bank in Zurich.

Copyright © 2019 Project Syndicate.

The Eurovision Song contest final is in Tel Aviv on Saturday night. The race to replace Mario Draghi at the European Central Bank comes to a climax in October (Photo: Sander Hesterman (EBU))

Tags

Author Bio

Stefan Gerlach is chief economist at EFG Bank in Zurich.

Copyright © 2019 Project Syndicate.

Ad

Related articles

Ad
Ad