Euro area Finance Ministers on Monday 5 October supported the candidacy of the Netherlands Frank Elderson for the post of member of the Executive Board of the European Central Bank (ECB), a post which Luxembourg’s Yves Mersch will leave in mid-December.
Currently Executive Director at the Bank of the Netherlands, Mr Elderson was competing with Slovenia’s Boštjan Jazbec, Director at the Single Resolution Board, the European authority responsible for the resolution of large banking...