Ireland withdraws Lane’s nomination for ECB vice president
Spain’s de Guindos likely to take up role, but Irish may suggest Lane for chief economist post
Ireland’s government today (February 19) withdrew its nomination of Irish central bank governor Philip Lane for the vice-presidency of the European Central Bank.
The decision leaves the way open for the only other nominee, Spain’s Luis de Guindos, to become the ECB’s next vice-president. Vítor Constâncio, the current ECB vice-president, is due to step down in May. Observers believe that Lane is likely to be a strong candidate for the role of the ECB’s chief economist when Peter Praet steps down
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