Sánchez formalizes his support for De Cos in the race to preside over the ECB
The President of the Government is taking advantage of his trip to the United States to confirm his support for the Spanish candidate to replace Christine Lagarde at the head of the monetary authority.
Spanish Prime Minister Pedro Sánchez has expressed his support for Pablo de Cos, current managing director of the Bank for International Settlements, to succeed Christine Lagarde as president of the European Central Bank. Sánchez stated that De Cos has the leadership, capacity, and knowledge to lead the bank, which would be a positive development for both Spain and Europe.
The Spanish government's backing is crucial for De Cos' potential candidacy, as it requires diplomatic efforts from the country of origin. Christine Lagarde is expected to leave her position before her term ends in October 2027, and De Cos is among the contenders alongside Klaas Knot and Joachim Nagel.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
