Euro Zone Ministers to Discuss ECB Appointments, but Await Leaders ...

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As far as the Eurogroup is concerned, it is possible that a joint decision will be taken regarding three top positions within the European Central Bank (ECB). Eurogroup Chairman Kyriakos Pierrakakis said this after consultations with the finance ministers of the eurozone countries.

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The euro area finance ministers will discuss on Monday (9) two candidates to replace the President of the European Central Bank (ECB), Christine Lagarde, but they will probably not make any recommendations yet, waiting for the EU leaders to reach an agreement first.

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The President of the Eurogroup today argued that the three vacancies to be filled at the Executive Board of the European Central Bank (ECB) should be discussed at the same time by the leaders of the European Union (EU), admitting that the timetable is tight.

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Key takeaways The finance ministers of the eurozone are meeting today to discuss potential successors to Christine Lagarde as President of the European Central Bank (ECB). It is not expected that any formal candidates will be nominated during the meeting. The ministers are awaiting a consensus among the heads of state and government of the […] for this purpose.