On Monday 19 January, the finance ministers of the euro area countries elected the Governor of the Bank of Croatia, Boris Vujčić, as Vice-President of the ECB (see EUROPE B13783A15).
According to the President of the Eurogroup, Kyriakos Pierrakakis, the speed of Mr Vujčić's election testifies to the “success” and “maturity” of the decision-making process. He indicated that he would inform the Ecofin Council of the Eurogroup’s decision on Tuesday.
It will be up to the European...