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Hard times for bankers

Financial Director staff, Financial Director, 01 Jan 2002

Employment conditions in Europe's central banks are worsening as banking staff increasingly feel they are being kept in the dark by their employers over changes in eurozone banking policy, according to a new report from UNI-Europa.

The report also raps the European Central Bank in Frankfurt for its "primitive" employee relations practices and highlights staff fears over the shifting division of power between the ECB and national central banks.

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