Wednesday December 11, 2019

New ECB chief will be in populist crosshairs

Picking the next ECB head is part of a major reshuffle

10th January, 2019
The headquarters of the European Central Bank in Frankfurt, Germany

The European Central Bank is preparing for a new president with the economic and political challenges that have dogged Mario Draghi’s eight years in charge far from resolved.

The economy is slowing again and nationalists across the bloc are challenging the principles of European integration, so the contest adds an extra layer of uncertainty as the ECB seeks to withdraw the crisis-era stimulus that’s kept interest rates at record lows.

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