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'Germany can be beaten,' Finland's ECB presidential hopeful Rehn says

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'Germany can be beaten,' Finland's ECB presidential hopeful Rehn says

Finland’s central bank governor Olli Rehn speaks during an interview in Helsinki, Finland July 17, 2018. REUTERS/Ints Kalnins LONDON (Reuters) – European Central Bank presidential hopeful Finland’s Olli Rehn underlined his claim to the position on Wednesday, saying that like in football, Germany can sometimes be beaten.

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Rehn, who sits on the ECB Governing Council, is tipped as a potential successor to Mario Draghi when the ECB president leaves on Oct. 31 alongside the likes of Germany’s Jens Weidmann and France’s Benoit Coeure and Francois Villeroy de Galhau.

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Rehn told a Reuters Breakingviews event, referring to the sporting mantra that Germany often tends to win crunch soccer games, “I would say that Germany can be beaten.”

“Nationality should not play a role with regards to the appointment of the next ECB president.”

Reporting by Dhara Ranasinghe and Marc Jones

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