updated 12/7/2012 4:26:36 AM ET 2012-12-07T09:26:36

PARIS (Reuters) - France's finance minister said on Friday he was not campaigning to replace Jean-Claude Juncker as the new chairman of euro zone finance ministers, although he had been mooted as a possible candidate.

Major Market Indices

"We will think about it collectively, I am not a candidate," Pierre Moscovici told BFM TV. "The president must be picked by consensus. I am not campaigning."

A source close to the minister clarified his comments saying the process to elect a new chief had not started yet and it would be premature to talk about candidates.

Luxembourg's Prime Minister Juncker said on Monday he would step down as Eurogroup chief at the end of this year or early next, giving policymakers just four weeks to find a successor to fill a potential power vacuum.

Moscovici emerged as a candidate for the job on Tuesday. following Juncker's announcement.

(Reporting By John Irish, Leigh Thomas and Daniel Flynn; Editing by John Stonestreet)

(c) Copyright Thomson Reuters 2012. Check for restrictions at: http://about.reuters.com/fulllegal.asp

Discuss:

Discussion comments

,

Most active discussions

  1. votes comments
  2. votes comments
  3. votes comments
  4. votes comments

Data: Latest rates in the US

Home equity rates View rates in your area
Home equity type Today +/- Chart
$30K HELOC FICO 4.99%
$30K home equity loan FICO 6.17%
$75K home equity loan FICO 5.94%
Credit card rates View more rates
Card type Today +/- Last Week
Low Interest Cards 11.01%
11.01%
Cash Back Cards 16.34%
16.34%
Rewards Cards 15.80%
15.80%
Source: Bankrate.com
  1. Jump to text

    PARIS (Reuters) - France's finance minister said...

  2. Jump to discussion

    French finance minister says not campaigning for...

  3. Jump to data

    See the latest rates around the country