Eurozone countries to nominate Lagarde replacement by Nov 6

Eurozone governments are required to nominate candidates for the next European Central Bank President by November 6, following Christine Lagarde's announcement of her departure. The Eurogroup's President, Kyriakos Pierrakakis, emphasized the need for member states to submit their nominations by the deadline. Lagarde's resignation is set for February 7, 2027, prompting a leadership change at the ECB.