EU considers changes to ECB board rules

European Union finance ministers are pondering establishing rules for the selection of ECB board members to avoid lobbying between countries, an EU diplomat said on Sunday 15 February.

The move comes after a lack of agreement at a ministers' meeting last Tuesday over which country is to provide the successor to ECB board member Mr Eugenio Domingo Solans, whose term expires at the end of May.

The changes, if adopted, might prevent rows over who should join the ECB's board, whose six members each

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