Eurogroup urgently seeks new head

2012-12-04 79

France's Pierre Moscovici has emerged as a candidate to become the new chairman of the Eurogroup as Jean-Claude Juncker confirmed he will step down at the end of the year.

Some see Moscovici as the front runner.

The man himself said he was "surprised and flattered" to be considered a potential candidate, but would not be drawn on his chances.

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