03/11/2026 (Agence Europe) – Eurogroup President Kiryákos Perrakákis has asked euro area countries to submit candidates for the presidency of the European Central Bank (ECB) by 5 pm on Friday 6 November, following Christine Lagarde’s announcement that she will resign on 7 February 2027 (see EUROPE 13971/1). The finance ministers of the euro area countries will discuss the candidates, but will not necessarily make a decision. The deadline for submitting candidates to replace Germany’s Isabel Schnabel on the ECB’s Executive Board in early 2027 has been extended to 27 November. The Eurogroup is responsible for drawing up a draft recommendation from the EU Council, which is then sent to the European Council meeting in a ‘euro area’ format for adoption by a reinforced qualified majority of euro area countries (support from at least 16 countries representing at least 65% of the Union’s population). (MB)