Business · Companies · 6 hrs ago
France may back Spain’s de Cos for ECB presidency
France may support Spain’s Pablo Hernández de Cos for the European Central Bank presidency, according to media reports.
The job is currently held by Christine Lagarde, whose term is due to end next year.
The reports say France has indicated it may back de Cos, but they do not describe a final decision.
The European Central Bank sets monetary policy for the euro area, making its president a key figure in the region’s economy.
France’s position could strengthen de Cos’s prospects in the process of choosing Lagarde’s successor.
A new president is expected next year, but the reports do not say when a decision will be made.
France has indicated it may support Pablo Hernández de Cos for the European Central Bank presidency, Bloomberg reported.
The reports cited unidentified people familiar with the matter.
The position is due to pass from Christine Lagarde next year.
The reports were also cited by Le Monde and the Finance Times.
- Who
- France may back Pablo Hernández de Cos for the post. Christine Lagarde is the current ECB president.
- What
- France has indicated it may support Hernández de Cos to become the next ECB president.
- When
- The reports were published on November 12, 2026. The change is expected next year.
- Where
- The European Central Bank.
- Why
- Not stated.
This story does not have two clearly opposing sides.
Bloomberg reported that France had indicated it may back Hernández de Cos for the ECB presidency.
Hernández de Cos may take over the presidency from Christine Lagarde.
- Possible French backing
- Pablo Hernández de Cos
- Current ECB president
- Christine Lagarde
- Expected change
- Next year
- Reports cited
- Le Monde and the Finance Times