6 contenders compete for the ECB vice president position

Intense Competition Emerges for ECB Vice President Role

Croatia, Estonia, Finland, Latvia, Lithuania, and Portugal have all entered the contest for the position of vice president at the European Central Bank, as announced by the Council of the EU. This competitive selection process marks the beginning of a broader struggle for places on the ECB’s influential six-member executive board, which plays a central role in shaping the eurozone’s economic and monetary strategies.

With four board positions—including the presidency—set to open within the next two years, the competition is expected to be intense. Major eurozone nations are likely to fight to preserve their sway within the board, making it more challenging for smaller countries to secure representation.