• Drgahi sent letter to Va Rompuy to expedite the appointment of a new ECB board member
  • Board appointment is of great importance, should be made soon

Expect a move to come no later than next week’s EU summit, after copious horsetrading.

According to Bloomberg:

At a meeting in March, the ministers deadlocked over two candidates: Luxembourg Central Bank Governor Yves Mersch and Spain’s Antonio Sainz de Vicuna, head of the ECB’s legal department.