Spain is quietly pushing hard to land its first-ever ECB president, with Pablo Hernández de Cos, ex-governor of the Bank of Spain and current head of the Bank for International Settlements, as their top pick. With whispers that Lagarde may step down early to focus on French politics, Spain’s government has been grooming Hernández de Cos for months — leveraging his elite credentials and ECB experience. He’s only willing to move from Basel to Frankfurt if it’s for the presidency, not a lesser board role. If he doesn’t get the top job, Spain’s next move is to secure a seat on the ECB’s executive board. The race is heating up against heavyweights from Germany and the Netherlands, with final decisions resting in the hands of eurozone finance ministers and EU leaders — and time is running out.
Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn.
Advertise on DNN: advertise@thednn.ai
This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai.
Podden och tillhörande omslagsbild på den här sidan tillhör
The Daily News Now!. Innehållet i podden är skapat av The Daily News Now! och inte av,
eller tillsammans med, Poddtoppen.
