BRUSSELS (Reuters) – The European Parliament’s economic committee endorsed on Tuesday Spain’s Economy Minister Luis de Guindos for an eight-year term as the next vice president of the European Central Bank, succeeding Vitor Constancio at the end of May.
The committee, which has only a consultative role and cannot bloc a nomination to the ECB by euro zone finance ministers, voted 24 to 14 with 13 abstentions in favor of De Guindos.
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Source: Investing.com