Oct. 6 (Bloomberg) -- Prime Minister Silvio Berlusconi will decide on a candidate to replace Bank of Italy Governor Mario Draghi by Nov. 1, the premier told journalists in Rome today, news agency Ansa reported.

Draghi succeeds Jean-Claude Trichet as head of the European Central Bank on Nov. 1.

To contact the editor responsible for this story: Andrew Davis at abdavis@bloomberg.net