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Parliament backs Mario Draghi's appointment as ECB President

MEPs on Thursday endorsed the nomination of Mario Draghi as incoming President of the European Central Bank, ahead of this week's European Council, which can now finalise his appointment. The result of the vote was 499 for, 72 against and 89 abstentions.

President Jerzy Buzek said: "I am very pleased that the European Parliament has approved Mario Draghi as the next President of the European Central Bank. In these tough economic times, it is reassuring to know that the euro-zone will be in safe hands with Mr Draghi and I look forward to working with him."

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