COUNCIL RECOMMENDATION

of 10 July 2012

on the appointment of a member of the Executive Board of the European Central Bank

2012/C 215/05

THE COUNCIL OF THE EUROPEAN UNION,

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

Having regard to the Protocol 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:

To appoint Mr Yves MERSCH as member of the Executive Board of the European Central Bank for a term of office of eight years.