France backs Spain's de Cos for ECB presidency; package deal with Germany emerging
Published 2 d ago3 sourcesEvidence: Reported
Germany and France will jointly present candidates for ECB Chief Economist and Market Operations Head, clearing the way for both to support Spain's De Cos for ECB President. This reflects a Franco-German compromise on top ECB roles, with De Cos's candidacy now likely to proceed. The deal underscores the political horse-trading behind ECB leadership appointments, which could influence monetary policy direction.
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