Macron, Merz Agree de Cos Should Succeed Lagarde, Le Point Says

German Chancellor Friedrich Merz and French President Emmanuel Macron are reportedly in agreement that Spanish banker Pablo Hernandez de Cos should succeed Christine Lagarde as the head of the European Central Bank next year. This potential move, according to Le Point, could have significant implications for the future direction of monetary policy across the Eurozone. Given the influential role of the ECB president, this agreement underscores the importance of de Cos's potential appointment. For more details, check out the full article on Bloomberg.