BREAKING NEWS

BREAKING NEWS

Ireland says its central bank governor Lane is candidate for ECB job

Ireland says its central bank governor Lane is candidate for ECB job
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CLODAGH KILCOYNE(Reuters)
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BRUSSELS (Reuters) - Ireland's central bank governor Philip Lane is a candidate to replace European Central Bank's chief economist Peter Praet when Praet's term ends at the end of May, Ireland's finance minister Paschal Donohoe told reporters on Monday.

"I'm pleased to confirm that I will be nominating Philip Lane for the approaching vacancy in the executive board of the European Central Bank," he said on entering a meeting of euro zone finance ministers where the process of seeking Praet's replacement will be launched.

(Reporting By Francesco Guarascio, writing by Jan Strupczewski)

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