Eurozone governments asked to nominate candidates for ECB presidency
Politics · First reported 3 Nov, 08:42 · Updated 10:28
Eurozone governments have been asked to submit candidates by 6 November to succeed Christine Lagarde, who plans to leave the ECB presidency on 7 February 2027. Finance ministers are due to review nominations on 9 November, while the European Council makes the final appointment.
- Eurozone governments were asked to nominate candidates by 6 November; finance ministers are due to take stock of nominations on 9 November.
- Lagarde has said she will leave on 7 February 2027, and the European Council will make the final decision on her successor.
- Pablo Hernández de Cos and Klaas Knot are identified as leading candidates; two other ECB Executive Board positions are also expected to open next year.
Summary written by Lux AI from 2 articles
Key facts
- Nomination deadline
- 6 November 2026.
- Ministers’ meeting
- 9 November.
- Lagarde’s planned departure
- 7 February 2027.
- Leading candidates named
- Pablo Hernández de Cos and Klaas Knot.
- Other Executive Board vacancies
- Isabel Schnabel is due to leave for the IMF in January, and Philip Lane’s term ends in May.
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Background
- An earlier Lux report said Italy’s preliminary annual inflation estimate reached 5.4% in October, with energy prices the main driver. [eb5dc435-afed-4708-8d24-233635ef77b0]
- An earlier Lux report said France’s economy contracted 0.1% in the third quarter and noted concerns about borrowing costs, debt, deficits and energy prices. [18835827-102d-4537-b5e5-faf688c68e71]
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