Euro zone finance ministers are set to move as quickly as possible in seeking a ...
FILE PHOTO: Sabine Lautenschlaeger, executive board member of the European Central bank in Frankfurt, February 28, 2014. REUTERS/Ralph Orlowski/File Photo
Ministers are due to begin the lengthy process next week in an effort to appoint Lautenschlaeger’s successor by January, EU officials said on Monday. Two EU officials said the Eurogroup of euro zone finance ministers will launch a call for candidates at a regular monthly meeting on Oct. 9, dispelling concerns that it would have taken more time to begin the process.
It is widely expected that Lautenschlaeger’s successor will be a German and face no competition for the post.
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