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Europe Daily Bulletin No. 10315

15 February 2011
GENERAL NEWS / (eu) eu/ecb
Peter Praet for Executive Board - Axel Weber not aiming to be President

Brussels, 14/02/2011 (Agence Europe) -On Monday 14 February the Eurogroup expressed a preference for Belgium's Peter Praet to join the European Central Bank's Executive Board rather than Slovakia's Elena Kohutikova (see EUROPE 10296). On Tuesday, the ECOFIN Council is expected to endorse this decision, which will then be finalised by the European Council. At present a director of the Bank of Belgium, Peter Praet would replace Austria's Gertrude Tumpel-Gugerell. The six-member Executive Board...

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