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De Cos Leads Tight Race to Succeed Lagarde at ECB

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EUR
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Pablo Hernandez de Cos is the leading candidate to replace Christine Lagarde as the next president of the European Central Bank (ECB), according to a recent survey of economists. De Cos, who previously served as the governor of Spain’s central bank and now heads the Bank for International Settlements, received the most support in the poll, with 12 economists backing him.

His closest competitor is Klaas Knot, a Dutch economist, who garnered the support of nine economists in the survey. While de Cos holds a narrow lead, the race remains tight, reflecting the uncertainty surrounding the ECB’s future leadership.

The survey highlights the key contenders vying for one of the most influential positions in global finance. The decision will have significant implications for monetary policy in the Eurozone, as the ECB navigates ongoing economic challenges.

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