Staff at the National Bank of Austria (OeNB) have written open letters complaining that political influence is undermining its independence, particularly around the appointment of senior officials. One open letter also says that the OeNB has appointed fewer women to managerial positions than the law mandates.

In an open letter seen by Central Banking, two OeNB staff say that the executive board’s intimidation of two researchers has created a “climate of uncertainty.” The letter is written by the