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20 April 1999
Edmond Israel Foundation Announces Recipient of 1999 Vision for Europe Award: Mr Willem F. Duisenberg, President of the European Central Bank
The Edmond Israel Foundation, today announced that Mr Willem (Wim) F. Duisenberg, President of the European Central Bank will be this year's recipient of the Edmond Israel Foundation Vision for Europe Award. The award ceremony will take place in Luxembourg on 11 November 1999.
Among others, the ceremony will include presentations by Mr André Lussi, Chairman of the Edmond Israel Foundation and Mr Duisenberg. André Lussi will conduct the award ceremony, presenting the award to Mr Duisenberg.
André Lussi, Chairman of the Edmond Israel Foundation commented:
‘I am delighted that Wim Duisenberg has accepted the 1999 Vision for Europe Award; he is an outstanding choice. The changeover to the euro has been a remarkably smooth process and the European Central Bank, under the presidency of Mr Duisenberg, are to be wholly congratulated for the vital role that it played. The successful introduction of the euro paves the way for a truly regional trade and capital market block, creating a solid foundation for ongoing European economic prosperity.’
For further information, please contact:
David Cowan or Yolande Theis
Cedel International, Luxembourg
Tel: +352 45 11 03 20
Fax: +352 45 11 08 226
Email: yolande.theis@cedelinternational.com
David Hardy or Paul Vann
Binns & Co Public Relations Limited, London
Tel: +44 171 786 9600
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Note to Editors
The Edmond Israel Foundation was created by Cedel International on 19 September 1990 in honour of Edmond Israel, upon his retirement after twenty years as Chairman of Cedel International’s Board of Directors.
The Foundation is a non-profit making organisation dedicated to the research and promotion of ideas of cultural, scientific, political and economic importance in the context of Europe. Its aim is to work both within the framework of a changing Europe and to advance European thinking elsewhere in the world, thereby making a high quality contribution to the ongoing debates of our times and exploring themes of freedom, social responsibility and cultural identity. It aims to support and promote research and study and provide financial assistance and scholarship to promising individuals. Apart from commissioning studies, such as The Proposed Directive on Harmonisation of Taxation of Interest Payments published in January 1999, the Foundation presents the 'Vision for Europe' award annually in recognition of outstanding achievement and contribution to Europe. The 1998 recipient was HE Mr Jean-Claude Juncker, Prime Minister of Luxembourg and previous recipients were HE Mr Helmut Kohl, the former Chancellor of the Federal Republic of Germany, HE Mr Jean-Luc Dehaene, the Prime Minister of the Kingdom of Belgium and HE Mr Jacques Santer, President of the European Commission, the first recipient of the award.