Global Economy
Spain's government plans to back Pablo Hernandez de Cos as its candidate for the ECB presidency, Expansion reports
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Spain will back Pablo Hernandez de Cos for ECB President. He and Klaas Knot are front-runners in a political succession process tied to Lagarde's October 2027 term end.
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De Cos is currently general manager of the BIS, and a former Governor of the Bank of Spain If successful, he would succeed current ECB President Lagarde when her term expires in October 2027 Spain's Economy Ministry said the selection process had not yet begun
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