Germany’s chancellor and finance minister reject each other’s European Central Bank candidates.

The delay stalls a deal to make Spain’s Pablo Hernández de Cos the bank’s president.

People with knowledge of the talks say Merz rejected Sabine Mauderer, and Klingbeil rejected Tobias Adrian and Markus Brunnermeier.

Merz will name Germany’s candidate next week, and EU leaders aim to settle on 26 November.

How each outlet framed it
Financial Times News
ties Germany's ECB candidate delay to a package deal linking Spain's Hernández de Cos to French and German board seats
Bloomberg Business

Sources: Financial Times News, Bloomberg Business