Duisenberg may have to extend stay at ECB

There have been calls for European Central Bank (ECB) president Wim Duisenberg to extend his stay at the head of the bank due to questions over the fate of his successor.

The Dutchman is due to retire on 9 July and be succeeded by Bank of France governor Jean-Paul Trichet.

But Trichet may not be able to take up the position as he is under investigation for allegedly helping to cover-up losses at the then state-owned Credit Lyonnais when it came close to collapse in 1993.

His fate will be deter