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Friday, November 23, 2012

EU leaders approve Mersch, another male, for ECB

Front row left to right, European Council President Herman Van Rompuy, Lithuanian President Dalia Grybauskaite, French President Francois Hollande, European Commission President Jose Manuel Barroso and Greek Prime Minister Antonis Samaras. Back row left to right, Slovenian Prime Minister Janez Jansa, Portugal's Prime Minister Pedro Passos Coelho, German Chancellor Angela Merkel, Finland's Prime Minister Jyrki Tapani Katainen, Austria's Chancellor Werner Faymann and Bulgaria's Prime Minister Boyko Borissov pose during a group photo at an EU summit in Brussels on Friday, Nov. 23, 2012. EU leaders begin what is expected to be a marathon summit on the budget for the years 2014-2020. The meeting could last through Saturday and break up with no result and lots of finger-pointing. (AP Photo/Geert Vanden Wijngaert)The appointment of Luxembourg's top banker to a top post at the European Central Bank left it looking a lot like an Old Boys' Club on Friday.



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