Austria's Ferrero-Waldner likely to be EU trade commissioner

Benita Ferrero-Waldner, a conservative from Austria, is the front-runner to become the EU's trade commissioner. She is expected to succeed Catherine Ashton, who will become the EU's foreign-policy chief Dec. 1. From 2000 to 2004, Ferrero-Waldner served as Austria's foreign minister. Meanwhile, maneuvering continues regarding the EU position that will supervise the financial-services sector. U.K. diplomats reportedly are trying to prevent former French Foreign Minister Michel Barnier from getting the job.

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