Enter multiple symbols separated by commas

French Finmin Says Not Campaigning for Eurogroup Job

France Finance Minister, Pierre Moscovici
Balint Porneczi | Bloomberg | Getty Images
France Finance Minister, Pierre Moscovici

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.

"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.

Editor's Picks

CNBC Meets

  • American opera singer Jessye Norman

    CNBC Meets' Tania Bryer speaks to celebrated soprano opera singer Jessye Norman, who speaks about her childhood growing up in Augusta, Georgia.

  • US President Barack Obama presents the 2009 National Medal of Arts to opera singer Jessye Norman

    In part two, Norman talks about her big break in opera and some of the challenges she faced early on in her career, as well as her frustrations with the "racialism" she feels still exists in U.S. Congress.

  • As Jessye Norman tells CNBC that she once considered running for Congress, CNBC looks at some celebrities who've dabbled in politics.