Photo: Stephanie LeBlanc, UnsplashPhoto: Stephanie LeBlanc, UnsplashEuropean Union
France signals support for Pablo Hernandez de Cos as ECB president
A possible French backing for Hernandez de Cos could shape the choice of the next ECB president and a package deal for the bank's top jobs.
What happened
France has signalled it may support Pablo Hernandez de Cos to succeed Christine Lagarde as president of the European Central Bank. Financial Times The move could herald a package deal for the bank's top jobs this month, officials told the Financial Times. Financial Times Euro-zone finance ministers convened in Brussels for a first assessment of the ECB presidency race, which is a two-way contest between Hernandez de Cos and Dutchman Klaas Knot. Bloomberg
Around it
Eurogroup president Kyriakos Pierrakakis described the Brussels gathering as an information point on the race. Bloomberg Both candidates have recently spoken out on current economic risks. Bloomberg
What comes next
The top jobs package could be decided this month, according to officials cited by the Financial Times. Financial Times
Sources
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Photo: Politico Europe- Photo: Stephanie LeBlanc, Unsplash