Italy Undecided on ECB Chief Candidates

Italy remains undecided between Spanish and Dutch candidates to succeed Christine Lagarde as president of the European Central Bank. Officials stated the government is carefully assessing both nominations.

President of Central Bank of the Netherlands Klaas Knot attends the 55th annual World Economic Forum (WEF) meeting in Davos, Switzerland, January 22, 2025. REUTERS/Yves Herman/File Photo

Italy has not yet chosen between Spanish and Dutch candidates to succeed Christine Lagarde as president of the ECB, officials said on Friday afternoon. The leadership race pits Spain against the Netherlands for the central bank's top post. The appointment will fill Europe's most powerful financial role starting in February.