Brussels21 euro-area governments have until Friday to nominate Lagarde’s successor.
The winner inherits a 2.5% deposit rate as of October and renewed inflation.
Leaders appoint the president, and a candidate needs 16 countries representing 65% of the euro area’s population.
Pablo Hernández de Cos and Klaas Knot are the frontrunners, each backed by their government.
Lagarde leaves on 7 February, and EU leaders are expected to decide before year’s end.
How each outlet framed it
drawn from 250+ reports worldwide
- Financial Times News
- reports the Eurogroup's Friday nomination deadline and links the race to Lagarde's early exit amid France's fiscal worries
- Bloomberg Business leans favorable
Sources: Financial Times News, Bloomberg Business