ECB chief to stay on while successor found

The weekend meeting of Ecofin in Athens agreed a deal whereby ECB president Wim Duisenberg will stay on until a successor can be named. "I will be president of the European Central Bank up until the day that my duly appointed successor can take office," Mr Duisenberg said.

Source: Reuters

Wim Duisenberg, European Central Bank president, is to continue in his post indefinitely until a successor is found.

The open-ended deal between Mr Duisenberg and European Union finance ministers was agreed in