Cowen could be named as next FF leader by Monday

The Taoiseach has indicated that the next leader of Fianna Fáil could be formally known by Monday night next.

The Taoiseach has indicated that the next leader of Fianna Fáil could be formally known by next Monday.

Finance Minister and current Tánaiste Brian Cowen is tipped as the hot favourite. Bertie Ahern previously voiced his support for Mr Cowen and a number of cabinet members today also gave him their backing.

The leadership is on the agenda for a meeting of Fianna Fáil's national executive due to take place later this evening.

The party's 77 TDs, excluding Ceann Chomhairle John O'Donoghue, will vote for the new leader.

The Taoiseach spoke to reporters at UCD today where he addressed a conference to mark the 10th Anniversary of the Good Friday Agreement.

“What will happen in the national executive tonight is that they will have close of nominations probably Monday night, and they'll have the meeting to elect the leader,” Mr Ahern said.