Knot and de Cos nominated to succeed Lagarde at ECB
Euro zone nations nominated Pablo Hernandez de Cos and Klaas Knot to succeed Christine Lagarde at the ECB. Both seasoned central bankers face upcoming challenges including inflation and market stress.
Spain and the Netherlands nominated Pablo Hernandez de Cos and Klaas Knot on Friday to succeed Christine Lagarde at the ECB starting in February. Both candidates bring years of crisis-management experience to Europe's central bank. The succession comes as policy makers navigate high inflation and mounting debt stress across euro zone bond markets.
