France backs Duisenberg to extend ECB term

The meeting of finance ministers and central bankers in Athens on Friday is likely to support moves to extend Wim Duisenberg's tenure as president of the European Central Bank, according to a report. He may stay for up to six months after his scheduled departure, to ensure a smooth transition at the ECB, the report claimed.

Source: Financial Times

France is backing a proposal to extend Wim Duisenberg's term as president of the European Central Bank - a post it bitterly opposed his having.

The move

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