Constâncio made new ECB vice president

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Vítor Constâncio, the governor of the Bank of Portugal, will be the next vice president at the European Central Bank (ECB).

Jean-Claude Juncker, the prime minister and finance minister of Luxembourg, on Monday said the 16 eurozone ministers of finance had voted unanimously and quickly in favour of the Portuguese.

Yves Mersch, the governor of the Central Bank of Luxembourg and an early favourite for the role, and Peter Praet, an executive director at the National Bank of Belgium, were the other c

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