clear
Friday November 24th, 2017 8:41PM

European Investment Bank head not up for German finance job

By The Associated Press
Related Articles
  Contact Editor

ATHENS, Greece (AP) — European Investment Bank head Werner Hoyer, whose name has come up as a possible candidate to be Germany's next finance minister, says he will be staying on at the helm of the EIB for the next six years.

Wolfgang Schaeuble, finance minister for the last eight years and a key figure in the eurozone's financial crisis, looks set to become the next speaker of Germany's parliament and is to be formally nominated next month following elections last Sunday.

Hoyer, speaking to reporters in Athens on Friday, said it was "nice to be mentioned" but that he was "extremely happy" as head of the EIB. He said the bank's governors had mandated him with another six years after his term ends on Dec. 31, "and I'm looking forward to that."

  • Associated Categories: Associated Press (AP), AP Business, AP Business - Economy, AP Business - Financial Markets
© Copyright 2017 AccessWDUN.com
All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.
European Investment Bank head not up for German finance job
European Investment Bank head Werner Hoyer, whose name has come up as a possible candidate to be Germany's next finance minister, says he will be staying on at the helm of the EIB for the next six years
4:40AM ( 17 minutes ago )
Burundi refugees pressured return home, says rights group
Amnesty International says pressure on Burundi refugees to go home, even though it's still not safe and more people are fleeing
4:27AM ( 30 minutes ago )
UK gives unconditional security guarantees before EU summit
British Prime Minister Theresa May is guaranteeing her country's security commitment to the other 27 European Union leaders even though the nation is leaving the bloc
4:23AM ( 34 minutes ago )
Associated Press (AP)
Tillerson carries full agenda as he prepares to visit China
Tillerson's agenda for visiting China is top heavy with North Korea, trade issues and preparing for Trump's trip in November
3:38AM ( 1 hour ago )
Asian shares slightly higher, though Japan is exception
Asian shares are slightly higher following a record high close on Wall Street, though Japan was the exception
3:31AM ( 1 hour ago )
Iraqi ban on flights to Kurdish capital Irbil begins Friday
Iraqi government order that international airlines halt all flights in and out of Kurdish regional capital Irbil kicks in Friday
2:15AM ( 2 hours ago )
AP Business
India's flagging economy draws dire warnings of recession
Prime Minister Narendra Modi's promises of economic "good times" ring hollow as even some of his allies warn of dire trends, possible recession
10:37PM ( 6 hours ago )
Trump economic aide says tax overhaul aimed at middle class
President Donald Trump's economic adviser is pushing back against the suggestion that the administration's tax plan would benefit the wealthy
6:15PM ( 10 hours ago )
Russia's Putin visits Turkey as ties between nation's deepen
Russian President Vladimir Putin has visited Turkey for talks with President Recep Tayyip Erdogan that focused on the situation in Iraq and Syria along with bilateral trade
4:30PM ( 12 hours ago )
AP Business - Economy
Former UK leader Brown calls for new economic oversight body
Former British Prime Minister Gordon Brown, the man who gave the Bank of England the independence to set interest rates when he was the country's finance chief, is calling for the creation of a new joint oversight group
9:23AM ( 19 hours ago )
Global stocks stable as investors gauge US tax plan impact
Global stock are steady as investors try to gauge the impact of the sweeping tax plan unveiled by U.S. President Donald Trump, while geopolitical tensions surrounding North Korea have kept risk sentiment in check
8:03AM ( 20 hours ago )
Asian stocks mixed as investors gauge impact of US tax plan
Asian markets are mixed as investors try to gauge the impact from the tax reform plan unveiled by Trump while geopolitical tensions surrounding North Korea have kept risk sentiment in check
3:40AM ( 1 day ago )
AP Business - Financial Markets
Burundi refugees pressured return home, says rights group
Amnesty International says pressure on Burundi refugees to go home, even though it's still not safe and more people are fleeing
4:27AM ( 30 minutes ago )
UK gives unconditional security guarantees before EU summit
British Prime Minister Theresa May is guaranteeing her country's security commitment to the other 27 European Union leaders even though the nation is leaving the bloc
4:23AM ( 34 minutes ago )
Telescope project still faces fight from Hawaiian opponents
A long-running effort to build one of the world's largest telescopes on a mountain sacred to Native Hawaiians is moving forward after a key approval
4:23AM ( 34 minutes ago )
Was Hefner oppressor or liberator? Women debate his legacy
In the wake of Hugh Hefner's death, many are debating just what he did _ and didn't do _ for women
4:12AM ( 45 minutes ago )
Protesters at Harvard greet DeVos speech on school choice
Protesters at Harvard greet Education Secretary Betsy DeVos's speech on school choice
3:56AM ( 1 hour ago )