Stark the 'only candidate' for ECB post

Germany's Juergen Stark is the "only candidate" for the European Central Bank's executive board, according to the head of the eurozone group of finance ministers.

"The only candidate whose name was mentioned was the candidate proposed by the German government, Juergen Stark, the vice president of the Bundesbank and now the process will follow its normal course," said Luxembourg Prime Minister Jean-Claude Juncker on Monday 23 January.

Stark, 57, was nominated by the German government in December