Union: Trichet to take over ECB presidency, 1 Nov

Bank of France Governor Jean-Claude Trichet will replace Wim Duisenberg at the head of European Central Bank on Nov. 1, Agence France-Presse reported, citing Jean-Marie Roux, a union member at the French central bank.

Source: Agence France-Presse

``Wim Duisenberg indicated to us that he will pass the baton on Nov. 1,'' said Roux of the CFDT labour union, according to AFP. Duisenberg made the comment at a meeting of central bank heads and union representatives in Frankfurt last Wednesday, AFP sa