Duisenberg doing very good job - ECB's Mersch

LUXEMBOURG - European Central Bank council member Yves Mersch said that ECB President Wim Duisenberg's performance at the bank's helm had been 'very good' and that talk of his retirement was premature.

"Wim Duisenberg is doing a very good job and I don't see why he would be stepping down," the president of the Luxembourg central bank said in an interview late on 17 May.

The ECB succession issue flared briefly in April after comments by French and Belgian officials. Duisenberg's appointment in 1998

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