Central Bankers paid €450k to extend notice period

Dozens of Central Bank staffers have been paid almost half a million euro in sweeteners to agree a longer notice period in the event of them resigning.

Figures in the latest annual report show that 28 employees were given the lucrative incentive — over and above their existing salaries — last year.

At a cost to the taxpayer of €450,000, it works out at an average €16,000 payment to each worker who was handed the windfall.