France reportedly signals support for Spain’s ECB presidential candidate de Cos
TLT•France may support Spain’s nominee Pablo Hernandez de Cos to succeed Christine Lagarde as European Central Bank president next year, the Financial Times reportedly said, citing four people with knowledge of the matter.
1. Possible French support
France has signaled it may support Spain's nominee Pablo Hernandez de Cos to succeed Christine Lagarde as European Central Bank president next year, the Financial Times reportedly said, citing four people with knowledge of the matter. Reuters said it could not immediately verify the report.
2. Two candidates nominated
Euro zone leaders are set to choose a replacement for Lagarde, who said last month she will step down on February 7, and two other key board members in the coming months. Spain nominated de Cos, General Manager of the Bank for International Settlements, while the Netherlands nominated former central bank chief Klaas Knot.
