Central Bank: Merz wants to present a German proposal for a position in the ECB leadership next week
The Chancellor announces a plan from Berlin for the ECB top job. As the Handelsblatt reported, it could end up being a deal with Paris.
German Chancellor Friedrich Merz stated that agreements on European Central Bank (ECB) leadership positions are imminent, but not yet finalized. He plans to present a German proposal for the ECB's personnel package next week, pending approval from the Social Democratic Party (SPD). The eurozone leaders aim to appoint a successor to ECB President Christine Lagarde, who steps down in February, by the end of the year.
Spain and the Netherlands have nominated Pablo Hernández de Cos and Klaas Knot, respectively, for the position. Germany is reportedly considering Princeton University economist Markus Brunnermeier for the role of Chief Economist, currently held by Philip Lane.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
