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Spain Backs de Cos as Candidate for ECB Chief

Original: Spain Central Bank Sees Serious Support for de Cos as ECB Chief

Spain's central bank says governor Pablo Hernández de Cos has serious backing in the contest to become the next president of the European Central Bank. The statement signals Madrid is actively promoting its candidate as European governments weigh who should succeed Christine Lagarde when her term ends.

Why now: Attention is on the race to lead the European Central Bank as successor discussions intensify.

Pablo Hernández de CosBank of SpainEuropean Central BankSpain

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Evidence

• Spain Central Bank Sees Serious Support for de Cos as ECB Chief · Bloomberg

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