The decision on who will succeed Mario Draghi as European Central Bank president is still a year away, but the jockeying for position is already under way.
The 19 countries that use the euro are preparing for a delicate political dance that will decide who will steer the eurozone economy away from years of easy-money policies. The favorite, Jens Weidmann, the conservative president of Germany’s central bank, risks becoming a lightning rod for criticism of the nation’s dominance of the $14 trillion currency bloc.
The ECB recently received legal advice that a French member of its executive board, Benoît Coeuré, could be