France confirms Cœuré as ECB nominee


The French finance ministry on Thursday announced the nomination of Benoît Cœuré to join the European Central Bank's (ECB) executive board.

François Bourguignon, who was chief economist at the World Bank between 2003 and 2007 and is now the director of the Paris School of Economics, believes the choice is an "excellent" one.

Cœuré "is a top economist who has written extensively on economic policy and monetary economics and is one of the experts on eurozone issues," says Bourguignon. "He also has

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