Trichet nomination for president approved by ECB

The European Central Bank's Governing Council endorsed Jean-Claude Trichet's candidacy to be the next president of the ECB at its last meeting before the summer break on Thursday.

Source: EurActiv

The governing council of the European Central Bank (ECB) in Frankfurt has endorsed the candidacy of Jean-Claude Trichet, governor of the Bank of France, to become its next president.

Brief news:

Mr Trichet is scheduled to take over the ECB presidency on 1 November 2003, after receiving the final bac