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Spain seeks support for Hernández de Cos as next president of the ECB

The Eurogroup opens the door to negotiate the three leadership changes at the monetary authority.

Spain seeks support for Hernández de Cos as next president of the ECB

Spain is actively seeking support for the candidacy of Pablo Hernández de Cos as the next president of the European Central Bank (ECB). This move comes as the Eurogroup has indicated a willingness to discuss the simultaneous appointments of three key positions within the monetary authority.

The Spanish Minister of Economy, Carlos Cuerpo, has been in discussions with his counterparts, including Eelco Heinen, the Dutch Minister of Finance, during recent Eurogroup meetings. These talks are crucial as they could shape the future leadership of the ECB, which plays a vital role in managing the eurozone's monetary policy.

Hernández de Cos, who currently serves as the Governor of the Bank of Spain, is seen as a strong candidate due to his extensive experience and understanding of European economic dynamics.

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