Council Recommendation of 3 May 1998 concerning the appointment of the President, the Vice-President and other Members of the Executive Board of the European Central Bank.
The Heads of State or Government of the Member States, having considered the EU Council’s recommendation of 3 May 1998 concerning the appointment of members of the European Central Bank (ECB), agree by common accord to appoint Wim Duisenberg as President of the ECB. This extract is from the press conference held by Tony Blair, British Prime Minister and President of the Council, meeting in the composition of the Heads of State or Government, on the appointment of Wim Duisenberg and his successor.
This film clip shows various extracts from the hearings of the candidates for the position of Member of the Executive Board of the European Central Bank, which took place in the European Parliament, then of the vote which took place on 13 May 1998 in plenary sitting following the submission, by Christa Randzio-Plath, of the recommendations, drawn up on behalf of the Committee on Economic and Monetary Affairs and Industrial Policy, regarding the appointment of Wim Duisenberg, Christian Noyer, Eugenio Domingo Solans, Sirkka Hämäläinen, Otmar Issing and Tommaso Padoa Schioppa.
Decision taken by common accord of the Governments of the Member States adopting the single currency at the level of Heads of State or Government of 26 May 1998 appointing the President, the Vice-President and the other members of the Executive Board of the European Central Bank (98/345/EC).
Decision taken by common accord, at the level of Heads of State or Government, by the Governments of the Member States having the Euro as their currency of 20 May 2005 appointing a Member of the Executive Board of the European Central Bank (2005/391/EC).
Willem F. Duisenberg, President of the European Monetary Institute from 1 July 1997 to 31 May 1998 and President of the European Central Bank from 1 June 1998 to 31 October 2003.
The members of the Executive Board of the European Central Bank. Front row, from left to right: Gertrude Tumpel-Gugerell, Jean-Claude Trichet (President), Lucas D. Papademos (Vice-President). Back row, from left to right: Jürgen Stark, José Manuel González-Páramo, Lorenzo Bini Smaghi.
The members of the Governing Council of the European Central Bank. Front row (standing from left to right): José Manuel González-Páramo, Miguel Fernández Ordóñez, Lucas D. Papademos, Jean-Claude Trichet, Gertrude Tumpel-Gugerell, Yves Mersch, Lorenzo Bini Smaghi. Middle row: Axel A. Weber, Christian Noyer, Klaus Liebscher, Vítor Manuel Ribeiro Constâncio, John Hurley, Nout Wellink. Back row: Jürgen Stark, Erkki Liikanen, Nicholas C. Garganas, Guy Quaden, Mario Draghi, Mitja Gaspari (replaced by Marko Kranjec).
The members of the General Council of the European Central Bank. Front row, from left to right: Ilmars Rimševics, Michael C. Bonello, Lucas D. Papademos, Jean-Claude Trichet, Miguel Fernández Ordóñez, Christodoulos Christodoulou (replaced by Athanasios Orphanides), Yves Mersch, Nout Wellink, Andres Lipstok. Middle row: Erkki Liikanen, Axel A. Weber, Christian Noyer, Klaus Liebscher, Ivan Iskrov, Vítor Constâncio, John Hurley, Mitja Gaspari (replaced by Marko Kranjec). Back row: Zsigmond Járai (succeeded by András Simor on 3 March 2007), Ivan Šramko, Nils Bernstein, Zdenek Tuma, Nicholas C. Garganas, Guy Quaden, Stefan Ingves, Mario Draghi, Reinoldijus Šarkinas, Leszek Balcerowicz (succeeded by Slawomir Skrzypek), Mugur Isarescu. Mervyn King was not present for the photograph.