Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

EU governments set to confirm Mersch at ECB  Join our daily free Newsletter

MENAFN - AFP - 31/10/2012

No. of Ratings : 0
Digg This Article: http%3a%2f%2fwww.menafn.com%2fmenafn%2fqn_news_story_s.aspx%3fstoryid%3d1093574758%26title%3dEU-governments-set-to-confirm-Mersch-at-ECB Share This Article: http%3a%2f%2fwww.menafn.com%2fmenafn%2fqn_news_story_s.aspx%3fstoryid%3d1093574758%26title%3dEU-governments-set-to-confirm-Mersch-at-ECB Add to Delicious Seed this article Buzz this article Add to Reddit Add to furl Add to stumbleupon Add to Mixx!


 


(MENAFN - AFP) EU governments are expected to confirm Luxembourg's central banker in a key ECB post Monday, despite opposition from the European Parliament which wants female representation, a eurozone source said Wednesday.

The council of European Union governments has given member states until Monday to lodge written objections -- and if there are none, as is the expectation, Yves Mersch would take up his new duties on the European Central Bank's six-man executive board.

The job has been vacant since May, and 63-year-old Mersch's nomination -- already agreed by EU finance ministers -- has caused controversy with the EU Parliament blocking his candidacy on the grounds there are no women in the central bank's top jobs.

Recognised on all sides as well qualified, European lawmakers voted against Mersch's confirmation on October 25, despite a direct plea by EU President Herman Van Rompuy for his appointment to be approved.

The last woman on the ECB board was Austria's Gertrude Tumpel-Gugerell between 1998 and 2011, before she was replaced by Peter Praet of Belgium in preference to Slovakia's Elena Kohutikova.


 






  MENA News Headlines
May 22 2013Oman Air orders 3 A330-300 Airbus jets ,MENAFN
(MENAFN) Airbus announced that it has received an order from Oman Air for 3 A330-300 planes, reported Reuters. The European plane manufacturer said that based on list prices, the order is worth ...

May 22 2013Venezuela moves to relieve toilet paper shortage ,AFP
(MENAFN - AFP) Venezuela's National Assembly approved a $79 million credit to import toilet paper and other personal hygiene products to relieve shortages in the petroleum-rich state. The South ...

May 22 2013EU leaders look to energy for growth boost ,AFP
(MENAFN - AFP) EU leaders, desperate to give growth a boost, target energy policy Wednesday amid concerns a US-led revolution in shale oil and gas development will reshape the global economy and ...

May 22 2013Spotlight on Hong Kong as Art Basel opens ,AFP
(MENAFN - AFP) The first Art Basel fair to be hosted by Hong Kong boasts a prestigious array of international art, highlighting the city's new role as a global arts hub amid an explosion of ...

May 22 2013Indian is first female amputee to climb Everest ,AFP
(MENAFN - AFP) An Indian woman who lost her leg after she was thrown from a moving train two years ago has become the first female amputee to climb Everest, expedition organisers said ...

May 22 2013Economies of oil exporters in MENA, GCC to slow in 2013 ,MENAFN
(MENAFN) The International Monetary Fund (IMF) estimated that the GCC and other oil exporters from the Middle East and Africa will go through a slow economic growth in 2013, reported Gulf ...

May 22 2013Etisalat's Nigerian unit secures USD1.2b loan ,MENAFN
(MENAFN) Etisalat Nigeria announced that it has signed a medium term loan facility of USD1.2 billion, reported Gulf News. The Nigerian operation unit of the UAE telecommunication services operator ...

May 22 2013Egypt's inflation rate to grow to 10.9% in 2013: IMF ,MENAFN
(MENAFN) The International Monetary Fund (IMF) announced that it projects Egypt's inflation rate in 2013 to rise to 10.9 percent, up from an April forecast of 8.2 percent, reported Gulf ...

May 22 2013Qatar Okayed to start London Shell project ,MENAFN
(MENAFN) Qatar's sovereign wealth fund has got the assent from the local government to establish about 900 homes and 8 office blocks at the Royal Dutch Shell's London headquarters, reported Arabian ...

May 22 2013GCC pension funds increase assets ,MENAFN
(MENAFN) Gulf states' pension funds are boosting their investments through acquiring new assets, reported Arabian Business. According to Investment manager Invesco's Middle East Asset Management ...

more...


 
Click to Apply






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country
Marketwatch News
UPI News
Comtex News

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help