Attali pledges to learn from criticism of spending
While there are indications that John Major, the Prime Minister, and several other senior ministers from leading industrial countries will urge more cost-conscious behaviour next week at the bank's annual meeting, Mr Attali denied any plans to resign.
He confirmed that the powers of the board of directors would be strengthened, as urged by Theo Waigel, the German Finance Minister, earlier this week.
The EBRD president also denied he had called for the removal of the Canadian executive director, Donald McCutchan, who has long criticised the bank's spending record. 'No one asked for that, I learned with regret that he was leaving.' The EBRD president also called the board, with whom he has often been at odds, 'amazingly useful' and said he had the directors' full confidence in his performance.
Though Mr Attali declined to apologise for the Bank's extensive spending, he did say that it should not have replaced the marble in the entrance hall at a cost of pounds 750,000.
He promised that Pierre Pissaloux, his chef de cabinet, would no longer take responsibility for budgets and corporate planning - a particular concern of the directors. Other reforms include a comprehensive audit of the start-up costs.
Mr Attali also pledged greater loan disbursements to Eastern Europe.
- 1 2015 General Election: Green party will not appear in TV debate alongside Ukip – says BBC
- 2 Canadian actor punched in face after 'Islamophobia' experiment goes wrong in wake of Ottawa shooting
- 3 Topshop at centre of row over body image as 'shocking' skinny mannequin photo goes viral
- 4 Kentucky gang rape: 15-year-old boy left in critical condition after sexual attack by group at party
- 5 Of course, teenage girls need role models – but not like beauty vlogger Zoella
Pope Francis declares evolution and Big Bang theory are real and God is not 'a magician with a magic wand'
Huge surge in Ukip support after EU funding row, according to new poll
Ukip ‘exploiting grooming scandal’ to secure party’s first police chief
Nigel Farage: 'There’s nothing wrong with white people blacking up'
Muslims, immigration and teenage pregnancy: British people are ignorant about almost everything
Maureen Lipman says 'she can't vote Labour while Ed Miliband is leader'
vary Attractive Salary: Austen Lloyd: MANCHESTER - AN OPENING AT A VERY HIGH Q...
£100 - £110 per day: Randstad Education Ilford: Nursery Manager Long term Ran...
£24000 - £25000 Per Annum plus company car and commission: Clearwater People S...
£45 - £65 per day: Randstad Education Bristol: Supply SEN Support Jobs in Bris...