President of The European Central Bank - Role and Appointment

Role and Appointment

The President heads the executive board, governing council and general council of the ECB. He also represents the bank abroad, for example at the G20. The President is appointed by majority in the European Council, de facto by those who have adopted the euro, for an eight-year non-renewable term. However the first President, Duisenberg, did not serve his full term (see below)

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