The race to lead the European Central Bank (ECB) is formally under way. Eurozone governments have until this Friday to nominate a successor to Christine Lagarde, and the bloc's finance ministers will review the names at a meeting on 9 November, a spokesperson for the Eurogroup, which brings together eurozone finance ministers, told Euronews. Following Lagarde's letter to European Council President António Costa last Thursday, "the Council of the EU has initiated the procedure for appointing a successor to the ECB President," the spokesperson said.
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