Lagarde stresses Klaas Knot is not the only candidate to replace her as ECB head

European Central Bank (ECB) President Lagarde believes former Dutch central bank chief Klaas Knot has the right qualities to lead Europe’s top monetary authority. However, she stressed he is not the only option. Christine Lagarde’s comments were reported by Dutch newswire ANP ahead of the release of a podcast episode of “College Leaders in Finance,” scheduled for broadcast on Sunday. Her own non-renewable term as ECB president draws to a close in October 2027. “I’ve known him for at least six years. He has the intellect, the stamina, and the ability to engage others,” the ECB head was quoted speaking...