France leaning towards supporting Spaniard Hernández de Cos for ECB presidency
Paris and Berlin are negotiating an agreement that would allow them to obtain good positions on the central bank's board. Dutchman Klaas Knot is also vying for the presidency.
France is supporting Pablo Hernández de Cos for the presidency of the European Central Bank, in exchange for a good seat on the council. Germany, which also wants a good position, is being more cautious. Berlin appears to have more affinity with Klaas Knot, but no decision has been made. Paris is making it clear that its vote comes with a price. The positions are to replace Christine Lagarde.
Written by urgent.news from El Pais's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
