The Council today adopted a recommendation on the nomination of Mario Draghi (Italy)as President of the European Central Bank, to succeed Jean-Claude Trichet, whose term ofoffice expires on 31 October.
The Council's recommendation will be submitted to the European Council, which willconsult the European Parliament and the ECB, with a view to adopting a final decision atits meeting on 23 and 24 June.
The decision was taken at a meeting of the Economic and Financial Affairs Council.