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المشهد العربي
Source: المشهد العربي
4 Hrsالمشهد العربي
Source: المشهد العربي
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France and Germany are moving to reach an agreement on who will succeed Christine Lagarde as president of the European Central Bank. Paris favors Spain’s Pablo Hernández de Cos over the Netherlands’ Klaas Knot, and is seeking an understanding with Berlin on how to divide other posts at the bank. Lagarde set off a race among the 21 euro-area countries to choose her successor before the end of the year by announcing that she plans to leave early, on February 7. The appointment requires a recommendation from the Eurogroup, followed by consultations with the European Parliament and the ECB’s Governing Council, before national leaders make the final decision.
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