HELSINKI (Reuters) - Finland's government said on Thursday it has nominated Bank of Finland Governor Olli Rehn for a second seven-year term, paving the way for a final decision by the Nordic country's president.
Governor since 2018, Rehn was considered a favourite among the eight applicants for the top job and will begin his second term on July 12. Bank of Finland governors can serve a maximum of two terms.
"The President of the Republic will decide on the appointment on Friday 14 March," the government said in a statement.
The Finnish central bank chief also sits on the ECB's governing council, which decides monetary policy for the euro zone.
Rehn, 62, spent a decade at the European Commission and was economic and monetary affairs commissioner during the euro zone debt crisis.
Last year Rehn unsuccessfully ran for president of Finland.
source: finance.yahoo.com
