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Thesis & Antithesis

A critical perspective on energy, international politics & current affairs

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Location: Washington, D.C.

greekdefaultwatch@gmail.com Natural gas consultant by day, blogger on the Greek economy by night. Trained as an economist and political scientist. I believe in common sense and in data, and my aim is to offer insight written in language that is clear and convincing.

28 October 2005

Central bank salaries

The following table is from the Lex column in today’s Financial Times; it lists the salaries that some Central Bank governors are earning around the world. That the American Fed chair, probably the most important in the list, earns so little is one striking thing. The other striking thing is the high salary that so many European central bankers earn—given that they do not even have the usual prerogative of setting interest rates in their countries (in the Euro area, rates are set by the ECB).


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