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Investing.com -- European Central Bank President Christine Lagarde said Klaas Knot would be a suitable successor, according to Dutch newswire ANP, which cited a podcast episode of "College Leaders in Finance" set to be released on Sunday.
"I’ve known him for at least six years. He has the intellect, the stamina, and the ability to engage others," Lagarde was cited as saying.
Lagarde’s non-renewable term as ECB chief will end in October 2027. She explained that an ECB president’s role often involves aligning the members of the Governing Council, which includes the heads of the euro area’s national central banks.
"They’re often all prima donnas, and you have to facilitate them all," she said. "He has that ability. But he’s not the only one."
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