EU leaders to pick ECB chief successor at November summit

Eurozone leaders will discuss the succession of ECB President Lagarde at the November 26-27 European Council summit, with Spanish candidate Pablo Hernández de Cos among the frontrunners. The selection process for the 2027-2035 term is at an early stage, and the outcome remains uncertain. This matters because the next ECB president will shape monetary policy direction for nearly a decade.

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