EU aims to pick new ECB chief by year-end
Christine Lagarde's early exit set a tight timeline. France may back Pablo Hernandez de Cos over Klaas Knot.
Why it matters
The ECB sets rates for the euro area.
Background
Lagarde decided to step down early.
The story so far
- ECB's Lagarde to step down Feb. 7
- Lagarde to leave European Central Bank in February
- Two candidates in race for ECB presidency
- EU aims to pick new ECB chief by year-end
- France leans toward backing Spain's Hernández de Cos for ECB president
Sources
- DW ↗Nov 9, 6:55 AM ET
- Le Monde ↗Nov 9, 4:26 PM ET
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