Merz meets ECB chief candidates as France faces debt pressure
German Chancellor Friedrich Merz met with former Dutch central bank president Klaas Knot and former head of Spain's central bank Pablo Hernández de Cos — the two leading candidates to replace Christine Lagarde at the helm of the ECB. According to Handelsblatt, Merz's direct involvement indicates Berlin wants to play a key role in filling this position, though not necessarily backing its own candidate. Talks are accelerating amid tensions in the French bond market.
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