Macron Backs Dutch Finance Chief for ECB Role in Potential Trade-Off

France is reportedly willing to back Dutch Finance Minister Klaas Knot as the next head of the European Central Bank, provided that the powerful position of ECB chief economist goes to a French candidate.

This informal proposal has the support of French President Emmanuel Macron, according to sources. However, it may face opposition from Germany, setting up a high-stakes game of political negotiation among Europe's economic and political heavyweights.

Knot declined to comment on the matter, while Macron's office did not immediately respond to a request for confirmation.