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Sarkozy Backs Draghi Verus Weber to Head ECB, La Tribune Says

French President Nicolas Sarkozy is opposed to Bundesbank President Axel Weber succeeding Jean-Claude Trichet as head of the European Central Bank, French daily La Tribune reported, citing unidentified people close to Sarkozy.

The French president has never told German Chancellor Angela Merkel that he is prepared to leave the ECB presidency to a German when Trichet steps down, the newspaper said. Sarkozy would prefer Bank of Italy Governor Mario Draghi, the newspaper added.