Presidency of the European Central Bank
Central bank: ecb | Type: decision | Date: 2002-02-07

PRESS RELEASE
7 February 2002
Mr. Duisenberg's decision has to be seen against the background of his declaration on the occasion of the meeting of the European Council on 2 and 3 May 1998 that, in view of his age, he did not want to serve the full eight-year term as President of the ECB, which commenced on 1 June 1998.