President of the European Council the member state holding the semiannually rotating Presidency of the Council of the European Union at any given time. However, since the 2007 Treaty of Lisbon, article 15 of Treaty on European Union states that the European Council appoints a full-time president for a two-and-a-half-year term, with the possibility of renewal once. Appointments, as well as the removal of incumbents, require a double majority support in the European Council. On 19 November 2009, the European Council agreed that its first president under the Lisbon Treaty would be Herman Van Rompuy (European People's Party, Belgium). Van Rompuy took office when the
Prime Minister of the Philippines dominated by Marcos' ruling party, the Kilusang Bagong Lipunan (New Society Movement). By June 12, the IBP was inaugurated which also confirmed Marcos' position as the Prime Minister of the Philippines. Upon his inauguration for a third presidential term on June 30, 1981, Marcos formally relinquished his powers as Prime Minister. He appointed then-Finance Minister Cesar Virata to succeed him to the post during the opening of the fourth regular session of the IBP on July 27, 1981. Virata, a grand-nephew of former President Emilio Aguinaldo, previously represented the country to World Bank's Council of Governors. Until the 1986 People