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HomeLatest NewsGuindos received 366,504 euros as vice president of the ECB, 1.48% more

Guindos received 366,504 euros as vice president of the ECB, 1.48% more

Date: April 19, 2024 Time: 16:02:09

The basic salary of Luis de Guindos as vice president of the European Central Bank (ECB) reached 366,504 euros in 2022, a remuneration that represents an annual increase of 1.48% compared to the 361,140 euros paid the previous year to the second executive of the central bank . This has been reported by the institution and collected by Europa Press.

As for the presidency of the ECB, a position held by Christine Lagarde, the annual basic salary last year amounted to 427,560 euros, 1.48% more than the 421,308 euros in 2021. The salaries of the rest of the members of the ECB board ( Philipp Lane, Fabio Panetta and Isabel Schnabel and Frank Elderson) reached 305,400 euros per year.

In this way, the basic remuneration of the members of the ECB board of directors reached an aggregate amount of 2,015 euros last year, compared to 2 million euros in 2021. For her part, Andrea Enria also received an annual basic remuneration of 305,400 euros in 2022 for his work as Chairman of the ECB Supervisory Board.

The ECB specified that the executives of the entity and the members of the Supervisory Board received a base salary and a residence allowance. However, the president of the institution has an official residence owned by the ECB instead of said residence allowance. In addition, the members of the Executive Board of the ECB and the Chairman of the Supervisory Board also receive a proxy allowance.

“In accordance with the provisions of the conditions of employment of the staff of the European Central Bank, the members of the Executive Committee and the Supervisory Board are entitled to salary supplements for residence, children and education, depending on their individual circumstances”, explained the European issuing institute.

Along these lines, he added that salary benefits are subject to taxation in the European Union and deductions for contributions to the pension plan and medical and accident insurance, while salary supplements are not subject to taxation and do not compute for pension purposes. .

In 2022, the salary supplements paid to the members of the Executive Committee and the Supervisory Board and the ECB’s contributions to medical, long-term care and accident insurance totaled €1.11 million, compared to 1.09 million of 2021.

* This website provides news content gathered from various internet sources. It is crucial to understand that we are not responsible for the accuracy, completeness, or reliability of the information presented Read More

Puck Henry
Puck Henry
Puck Henry is an editor for ePrimefeed covering all types of news.
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