Under the French constitution, the bank’s governor is nominated by the French president and is appointed by government decree after a parliamentary vote.
The government has not communicated on the selection process, nor on hearings with possible candidates, but an official in Macron’s entourage said the president would make his pick in May.
The nominee can, however, be vetoed by parliament if three-fifths of MPs from the finance committees of the National Assembly and the Senate vote against them.
Given that parliament is now dominated by opposition parties from both sides of the political spectrum, it isn’t certain that Moulin will secure its approval, despite his strong economic background.
Source:
www.politico.eu


