Italy wants ECB chiefs chosen by majority

- Central Banking staff
- 26 Nov 2003

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Italy, the current holder of the EU presidency, has made a proposal to change the way top officials at the European Central Bank are appointed. A draft compromise circulated to EU member states said the ECB's six top officials should be appointed by the European Council of EU leaders on the basis of qualified majority voting.

Source: Reuters

European Union president Italy has proposed amending the bloc's draft constitution to allow for future top executives of the European Central Bank to be

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