The European Parliament approved the nomination of Boris VujÄić as Vice President of the European Central Bank with a vote of 460 in favor, 68 against, and 91 abstentions. This decision follows a favorable opinion from the Economic and Monetary Affairs Committee. The procedure for appointing ECB leadership involves input from the European Council, Parliament, and ECB Governing Council. VujÄić's appointment fills the vacancy left by the end of Luis De Guindos' mandate on May 31st.