COUNCIL RECOMMENDATION

of 9 July 2019

on the appointment of the President of the European Central Bank

(2019/C 235/01)

THE COUNCIL OF THE EUROPEAN UNION,

Having regard to the Treaty on the Functioning of the European Union, and in particular Articles 283(2) and 139(2) thereof,

Having regard to Protocol No 4 on the Statute of the European System of Central Banks and of the European Central Bank, and in particular Article 11.2 thereof,

HEREBY RECOMMENDS TO THE EUROPEAN COUNCIL THAT:

Ms Christine LAGARDE be appointed as President of the European Central Bank for a term of office of eight years with effect from 1 November 2019.