Economics
France Nominates Treasury’s Coeure for ECB Executive Board
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France nominated Benoit Coeure, chief economist at the country’s finance ministry, to join the European Central Bank’s six-member Executive Board.
“Benoit Coeure has the experience and the authority required in monetary and banking fields,” Finance Minister Francois Baroin said in an e-mailed statement yesterday. The nomination must now be backed by euro-area leaders before Coeure can take up the seat being vacated by Italy’s Lorenzo Bini Smaghi on Jan. 1.