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Eurozone governments nominate Draghi to head ECB

Eurozone governments nominate Draghi to head ECB

European finance ministers are formally recommending Italy's Mario Draghi for an eight-year term as head of the European Central Bank.
The 63-year-old Draghi is currently the chief of Italy's central bank and a member of the ECB's rate-setting committee.
Eurozone heads of state and government are expected to give final approval to Draghi's candidacy in coming weeks.
Current ECB head Jean-Claude Trichet is leaving office in October after leading the bank's attempts to contain Europe's debt crisis.
Eurogroup chair Jean-Claude Juncker said Monday that Draghi "brings together all the qualities to be a worthy successor to Jean-Claude Trichet."


Updated : 2021-04-10 19:28 GMT+08:00