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'Prime minister stopped central bank favourite getting top job'Friday 30 December 2011 Prime minister Mark Rutte intervened to stop the favourite candidate to take over the presidency of the Dutch central bank from getting the job, the NRC reports on Friday. The paper says Rutte vetoed Lex Hoogduin's appointment because 'he is not suitable for political discussion and incapable of introducing the desirable company culture reform'. Only after Rutte's veto was Klaas Knot, then a senior finance ministry official, put forward for the job. Political sources Hoogduin quit the bank, where he was on the management board, after Knot's appointment. The Financieele Dagblad also said at the time that Hoogduin was opposed by political sources in The Hague. According to the NRC Rutte's involvement in appointing the new central bank chief is extremely unusual. © DutchNews.nl
Smells of corruption at the very top to me. How can this be allowed? Not at all democratic more like verging on a dictatorship principle. By AndyT | December 30, 2011 5:14 PM Hi, By Terence Hale | December 31, 2011 6:21 AM Hm, so CB independence is not so sacred over here in western europe either as they would like the Hungarians to believe.... By mr. ares | January 10, 2012 8:53 AM
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Let em guess This guy wouldn't do what Rutte told him to do?Another nail in the head for democracy.Between Rutte and Wilders they have managed to plunge Nederland into a fascist backward state.
By Jason | December 30, 2011 3:21 PM