Eurozone countries have until Friday to propose candidates to succeed Lagarde

Eurozone countries have until Friday to propose candidates for Christine Lagarde's successor as ECB president, following her resignation announcement. The Eurogroup will review nominations next week. Potential candidates include Pablo Hernández de Cos and Klaas Knot. Lagarde's departure is set for February 7, 2027, and the nomination process aims for a timely decision by the European Council. Lagarde has led the ECB since November 2019, and her early exit allows EU leaders to influence the successor choice before the French presidential elections.