| Author (Person) | Rocha, Frederico |
|---|---|
| Publisher | Cardiff EDC |
| Series Details | January to March 2018 |
| Publication Date | 22/03/2018 |
| Content Type | News |
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Further information: Two Member States submitted nominations for the post - Spain put forward its economy and competitiveness minister, Luis de Guindos, while Ireland proposed its central bank governor, Philip Lane. This followed a call for applications launched on 22 January 2018. The process featured a difference of opinions between the European Parliament, which suggested preference for the Irish candidate, and the Member States, which appeared to support the Spanish name. The Eurogroup ministers discussed the nominations on 19 February 2018 at a meeting and decided to give its political support to Mr De Guindos. This was formally approved by the Economic and Financial Council on the following day and sent as a recommendation to the European Council. Following consultations with the ECB and the European Parliament (which endorsed Mr De Guindos on 14 March), the European Council formally appointed the name on 22 March. This nomination was seen by analysts as the first chapter of a longer process, culminating with the appointment of a new ECB President by the end of 2019. Reports on the appointment of a new Vice President for the European Central Bank (ECB) for a mandate starting in June 2018. |
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| Subject Categories | Politics and International Relations |
| Countries / Regions | Europe |
