Yves Mersch

Male, Person

1949 –

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Who is Yves Mersch?

Yves Mersch is a Luxembourgian jurist and lawyer who has served as Governor of the Central Bank of Luxembourg since the bank's formation in 1998. He has been a member of the European Central Bank's Executive Board, succeeding José Manuel González Paramo, since December 2012. He has been regarded as relatively hawkish on interest rate policy.

On 19 March 2008, Mersch admonished banks for inappropriate risk management, but perhaps more unusually struck a doveish tone with regard to the future path of the European economy.

In late June, 2011, speaking while at the annual general meeting of the Bank for International Settlements in Basel, Mersch said, "it is chaos," when asked what would happen if Greece were to default on its debts. He was described as "a key member" of the ECB Governing Council in the report.

Mersch studied international law in Paris and is member of the Luxembourgish bar. He is married and has two children.

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Born
Oct 1, 1949
Luxembourg

Submitted
on July 23, 2013

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