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اقتصاد
ECB succession decision
Christine Lagarde will leave her post as president of the European Central Bank on February 7, about nine months before her term ends. The bank has not given a direct reason, but reports have cited her desire to engage with broader issues and regain the freedom to comment on policy. The timing of her departure would allow French President Emmanuel Macron to take part in choosing her successor before the French election, amid French and German efforts to agree on how to allocate three vacant posts at the bank. Paris favors Spain’s Pablo Hernández de Cos for the presidency over the Netherlands’ Klaas Knot, but no decision has been made yet.
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