Portugal's Constancio rules out ECB board bid

PORTUGAL - Portugal's central bank governor Vitor Constancio on Thursday ruled himself out of the race to replace European Central Bank Vice-President Christian Noyer who steps down from the board at the end of May.

"I am not a candidate because I do not want to leave the country," Constancio said in a statement.

The governor of the Bank of Portugal said that he had told the Portuguese government of his position, adding that he had no knowledge of any possible Portuguese candidacy for the post.

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