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Euro zone extends ECB successor bid deadline

The euro zone has extended the deadline for candidates to replace ECB board member Isabel Schnabel to November 27. The decision gives member states more time to prepare nominations as several top positions approach turnover.

European Central Bank board member Isabel Schnabel attends a dinner program at Grand Teton National Park where financial leaders from around the world gathered for the Jackson Hole Economic Symposium outside Jackson, Wyoming, U.S., August 25, 2022. REUTERS/Jim Urquhart

The euro zone extended the deadline for nominations to replace European Central Bank board member Isabel Schnabel to November 27. The shift gives 21 member states an extra month to prepare candidate submissions for the key post. Schnabel departs on January 3 for a role at the IMF.