ECB to walkout over pensions

THE EUROPEAN Central Bank (ECB), responsible for monetary policy in the 16 Eurozone states, faces strike action from staff over planned changes to its pension scheme.<br /><br />Staff have called a 90-minute warning strike to take place on 3 June, as the ECB&rsquo;s governing council meets in Frankfurt, Germany for its monthly rate-setting meeting. ECB president Jean-Claude Trichet is thought to be confident essential activities are not interrupted. <br /><br />The International and European Public Services Organisation (Ipso) union is organising the strike.