Can we draw the following hypothesis from the context (see options)? 

Context:

Prime Minister Jos Manuel Duro Barroso resigns. He is to assume the presidency of the European Commission later in the year (the European Parliament approves him on July 22).

Hypothesis: Jos Barroso assumed the EC presidency as planned.
Pick from:
[I] Yes
[II] It's impossible to say
[III] No
[II]