// IP Marketing video - START// IP Marketing video - END

France puts forward candidate to chair ECB

France puts forward candidate to chair ECB

PanARMENIAN.Net - France has put forward a candidate to chair the European Central Bank's new bank supervisory authority, Finance Minister Pierre Moscovici said on Monday, Jan 21, according to Reuters.

The authority will directly police at least 150 of the euro zone's biggest banks from March 2014 following talks with the European Parliament.

The secretary general of France's ACP financial sector regulator, Daniele Nouy, has so far been cited as well placed to chair the board of the new body.

"We have a candidate for this post, it's not a mystery and I hope that she will convince," Moscovici told a news conference after a meeting of the Eurogroup of eurozone finance ministers.

Moscovici declined to give the name of the French candidate.

The eurozone ministers elected their Dutch counterpart Jeroen Dijsselbloem as the new chair of the Eurogroup, a job for which Moscovici had at one point been considered as a candidate.

Moscovici, who backed Dijsselbloem for the job despite some reservations about the Dutchman's views on belt-tightening, insisted that France had not put forward a candidate for the ECB bank supervisor job as part of a broader deal on top jobs.

 Top stories
“The investments will be spent to build a canning factory and slaughterhouses, expand greenhouse farms,” Ignati Arakelyan said.
The funding will go to a subsidiary of ContourGlobal, an international power-generation company that acquired the Vorotan Cascade in 2015.
"We are yet unable to disclose the names of companies we are conducting negotiations with," Satenik Hovhannisyan said.
1,259,657 tourists have arrived in Armenia in January-December 2016, the National Statistical Service said, up by 5,7% on the year before.
Partner news