TEXT: ECB Statement on Appointment of Joerg Asmussen to Council

FRANKFURT (MNI) – The following is a verbatim text of the ECB’s
statement on proposed appointment of Joerg Asmussen to its Executive
board.

The text is as follows: “At today’s meeting, the Governing Council
of the European Central Bank (ECB) adopted an opinion on a
recommendation from the Council of the European Union on the appointment
of a new member of the Executive Board of the ECB.

The Governing Council had no objections to the proposed candidate,
Joerg Asmussen, who is a person of recognised standing and professional
experience in monetary or banking matters, as required by Article 283(2)
of the Treaty on the Functioning of the European Union.

Following the Governing Council’s opinion and an opinion of the
European Parliament, the decision on the appointment will be taken by
the European Council, with the votes of its euro area members.”

–Frankfurt Bureau +49 69 720 142; email: frankfurt@marketnews.com–

[TOPICS: M$$EC$,M$X$$$]