# France may back Pablo Hernandez de Cos over Klaas Knot for ECB president

- URL: https://talkfuse.com/story/france-may-back-pablo-hernandez-de-cos-over-klaas-knot-for-ecb-president/
- Published: 2026-11-10T08:39:36+00:00
- Updated: 2026-11-11T00:39:24+00:00
- Original publisher: Le Monde (publisher lean: Left)
- Original article: https://www.lemonde.fr/en/economy/article/2026/11/10/france-may-back-pablo-hernandez-de-cos-over-klaas-knot-for-ecb-president_6776761_19.html
- Topics: Europe, Government, Politics, World

## Key points

- France may favour Hernández de Cos for the ECB presidency.
- He is competing with former Dutch central bank chief Klaas Knot.
- The appointment will shape euro area monetary policy.

## Summary

France may support Pablo Hernández de Cos in the contest to become the next European Central Bank president, putting him ahead of Dutch candidate Klaas Knot in its deliberations. The choice matters because the president leads the ECB body that sets interest rates across the euro area, and the race is part of wider negotiations over senior European posts.

Spain and the Netherlands have nominated Hernández de Cos, a former Bank of Spain governor who now leads the Bank for International Settlements, and Knot, the Netherlands’ former central bank chief. Spain’s economy minister Carlos Cuerpo has praised Hernández de Cos’s familiarity with the ECB; the candidates’ policy styles are seen as differing, with Knot viewed as more hawkish and Hernández de Cos as somewhat more dovish. The Eurogroup is considering the nominations ahead of the succession to Christine Lagarde, whose term is due to end in February 2027.

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.