Duisenberg calls for 12 more months as ECB leader

GERMANY - Wim Duisenberg has virtually ruled out any prospect that he would step down as European Central Bank president halfway through his term by making clear he wanted to stay in his job for at least the next 12 months.

His unexpected statement appeared intended to underline the need for continuity in the ECB's leadership at a time of high uncertainty for the European and global economy.

But it also seemed likely to revive discussion on when Mr Duisenberg will carry out the promise he made