Belgium seeks ECB post for bank critic De Grauwe

Belgium is stepping up its campaign to secure a seat on the board of the European Central Bank by nominating Paul De Grauwe, an academic who has criticized the bank for failing to promote growth. De Grauwe recently ran for the job of vice-president of the ECB but was beaten to the post.

De Grauwe on Thursday became the first candidate seeking to succeed Sirkka Haemaelaeinen of Finland, whose term ends in May. Austria and Ireland also planned to make nominations as CentralBankNet reported last