New ECB vice-president Boris Vujcic. Photo: Bloomberg
Bloomberg
Croatia’s central bank chief, Boris Vujcic, won the nomination of euro-area finance ministers to become the next European Central Bank (ECB) vice president, according to people familiar with the matter.
In a decision that kicks off a two-year shake-up of the institution’s six-member executive board, the 61-year old policymaker secured backing from the Eurogroup yesterday to succeed Luis de Guindos after he leaves at the end of May, the people said, asking for confidentiality because the result has yet to be announced.
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