Italy's Economy Minister Giancarlo Giorgetti said the government wants clarification on speculation that European Central Bank President Christine Lagarde could leave her post before her term ends. He said Rome has no candidate ready for the ECB's top job.
Giancarlo Giorgetti, Italy's Economy Minister, said Rome wants clarity on rumors that Christine Lagarde may leave the ECB presidency before her term ends. He raised the matter during a press conference centered on the Treasury's new multi-year budget plan.
Giorgetti said he cannot predict Lagarde's intentions but stressed it is important to resolve the uncertainty surrounding her tenure. The minister added that Italy does not currently have a candidate to put forward for the ECB's top position.
Source: Investing.com
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