Edward George enters ECB race - and promptly exits

UK - The Financial Times on Thursday speculates that Edward George could be the ideal man for the ECB's top job now that long-time favourite Jean-Claude Trichet faces trial. However, sources at the Bank of England told CentralBankNet on Thursday that George could not possibly take the job as it would contravene existing rules governing elegibility for the President of the ECB.

The FT wrote,

At least some in Paris (although not in the Elysee Palace) think they have spotted the ideal candidate to