PURPOSE: to appoint the President of the European Central Bank.
NON-LEGISLATIVE ACT: European Council Decision 2011/386/EU appointing the President of the European Central Bank.
CONTENT: the term of office of the President of the European Central Bank, Mr Jean-Claude TRICHET, appointed by Decision of 16 October 2003, expires on 31 October 2011 and it is therefore necessary to appoint a new President of the European Central Bank.
The European Council wishes to appoint Mr Mario DRAGHI who, in its view, meets all the requirements set out in Article 283(2) of the Treaty.
Mr Mario DRAGHI is hereby appointed President of the European Central Bank for a term of office of 8 years as from 1 November 2011.
ENTRY INTO FORCE: 24/06/2011.