Discretion rules over next ECB vice-president

FRANCE - It seems that European Union leaders are trying to draw a lesson from 1998. In that year, a cloud of political controversy engulfed the European Central Bank at the moment of its creation when an undignified dispute broke out over Wim Duisenberg's appointment as the ECB's first president.

Now, Tuesdays Financial Times reports, as discussions intensify over who should be the ECB's next vice-president, discretion is the watchword. No government has aggressively pushed its own candidate

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