Europe
Croatia's Vujčić wins surprise ECB vice presidency vote
Eurozone finance ministers defied parliament and frontrunner expectations to back the Croatian central bank governor, reshaping the race for the ECB's top jobs over the next two years.
Person
Olli Rehn
Governor of the Bank of Finland, Bank of Finland
What we have reported
- Widely seen as the favourite for the vice presidency before losing to Vujčić in the final voting round.
- Kept the door open to further easing, warning that downside risks to inflation still dominate.
Coverage
Europe
ECB holds rates at 2% and upgrades growth forecasts as trade fears fade
The central bank revised 2025 growth to 1.4% and signalled a long pause, but Governing Council members are split on whether the next move is up or down.
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