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February 8, 2023

ECB to add 40 staff

The European Central Bank (ECB) has agreed to take on 40 additional staff to ease the workload from the eurozone debt crisis, a spokesman said Tuesday, amid calls by unions for even more new hirings, BBC informs. But IPSO, the only recognised union at the ECB and whose members account for more than 40 percent of staff, has said that will not be enough. ECB president Mario Draghi already acknowledged back in July that the tasks facing the central bank staff had multiplied greatly as a result of the euro crisis and become “more difficult and psychologically demanding.’’ In a recent internal ECB staff poll, IPSO found that the bank’s employees were suffering from stress and overwork, with 80.1 percent of staff complaining of a “heavy workload’’ at the moment and 74.4 percent of them saying it was a ‘’permanent’’ situation. The poll was carried out among 715 ECB staff on both permanent and temporary contracts.

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