{
  "id": 9414944,
  "title": "Sánchez oficializa su apoyo a De Cos en la carrera por presidir el BCE",
  "url": "https://urgent.news/2026/09/23/sanchez-oficializa-su-apoyo-a-de-cos-en-la-carrera-por-presidir-el-bce",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-23T20:46:27.000Z",
  "source": {
    "name": "Expansion ES",
    "slug": "expansion-es",
    "url": "https://www.expansion.com/economia/2026/09/23/6ab43a91e5fdea7b538b4594.html"
  },
  "original_language": "es",
  "account": "Prime Minister Pedro Sánchez has publicly endorsed Spanish candidate Luis De Cos for the position of President of the European Central Bank (ECB), during his recent trip to the United States. Sánchez stated his support for De Cos in an interview with Bloomberg, highlighting his leadership, capabilities and knowledge. He believes that having someone like De Cos leading the ECB would be beneficial not only for Spain but also for Europe. The support of the Spanish government for De Cos's candidacy is crucial for his successful nomination to the ECB presidency. The ECB president is elected for an eight-year non-renewable term and must possess recognized prestige and professional experience in monetary or banking affairs. However, technical expertise alone does not guarantee the position; it also depends on a political negotiation process. The situation has accelerated due to reports suggesting Christine Lagarde's premature departure from her position as ECB president. Lagarde has assured she will not leave until 2027, but it is likely she will step down before that. De Cos is now competing with Klaas Knot of the Netherlands and Joachim Nagel of Germany for the top spot. Other potential candidates may also emerge, similar to past instances when Lagarde took the helm. The Spanish government is determined to secure representation on the ECB's Executive Board, a goal they have pursued before, from Jos� Manuel Gonz�lez-P�ramo's departure in 2012 to Luis de Guindos's tenure as Vice President from 2018 to 2026. The ECB president is chosen within the European Council (EU member state ministers) in a Eurogroup format, where eurozone countries present and vote on a list of candidates until one secures a qualified majority. The chosen candidate then undergoes scrutiny by the Economic and Monetary Affairs Committee of the European Parliament and receives a no objection opinion from the ECB Governing Council. Finally, the European Council decides the ECB president based on the Eurogroup's recommendation.",
  "summary": "El presidente del Gobierno aprovecha su viaje a Estados Unidos para confirmar su respaldo a la candidatura del español para sustituir a Christine Lagarde al frente de la autoridad monetaria. Leer",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "El Pais Economia",
        "title": "Pedro Sánchez da su respaldo a la candidatura de Pablo Hernández de Cos para presidir el Banco Central Europeo",
        "url": "https://urgent.news/2026/09/23/pedro-sanchez-da-su-respaldo-a-la-candidatura-de-pablo-hernandez-de",
        "published": "2026-09-23T19:30:36.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}