Paris and Berlin Near ECB Carve-Up
20 Articles
20 Articles
France and Germany appear to be reaching an agreement on their support for the Spaniard Pablo Hernández de Cos for the position of President of the ECB. With this, the chances for the Dutch candidate Klaas Knot seem to be dashed.
Germany and France Finalize a Pact on the ECB with Hernández De Cos as a Favorite for the Presidency
Merz: “We still need a few days. We want to present the German proposal next week”
Klaas Knot and Pablo Hernandez de Cos are the two candidates for the post of President of the ECB. A race against the clock until the end of the year was launched after the head's early departure
Merz says there are agreements “on the verge of being reached” waiting for them to define their candidates for the other two vacant positions
The main remaining stumbling block would be the agreement between Christian Democrats and Social Democrats in the coalition government on the German candidate for chief economist. More information: France is inclined to support Hernández De Cos as president of the ECB and resigns from the post of chief economist
By announcing at the end of October her early departure from the French institution, which will be operational on 7 February, the French official launched a race against time in the 21 countries sharing the single currency to designate the next President of the ECB by the end of the year. A tight timetable because it requires a series of formal steps foreseen by the European Treaties: a recommendation by the Eurogroup, then consultation with the…
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