PRESS RELEASE

Opinion of the ECB’s Governing Council on the appointment of the Vice-President of the ECB

4 March 2010

At today’s meeting, the Governing Council of the European Central Bank (ECB) adopted an opinion on a recommendation from the Council of the European Union on the appointment of the Vice-President of the ECB.

The Governing Council had no objection to the proposed candidate, Mr Vítor Constâncio, who is a person of recognised standing and professional experience in monetary or banking matters, as required by Article 283(2) of the Treaty on the Functioning of the European Union.

Following the Governing Council's opinion and an opinion of the European Parliament, the new Vice-President of the ECB will be appointed by the European Council.

The Governing Council’s opinion, which will be published shortly in the Official Journal of the European Union, is available on the ECB’s website in all official EU languages.

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