Governments in Italy, Luxembourg, the Netherlands and Portugal are all thinking of presenting candidates to head the single currency area’s bailout fund, diplomats and officials told POLITICO.
- Paola Tamma
The European Stability Mechanism’s current chair, Klaus Regling, will step down later this year.
The decision on his successor will be made at a meeting of eurozone finance ministers on May 23 and confirmed later in June.
While the Eurogroup won’t hold a formal vote, its goal is to appoint someone by consensus.
The deadline to present a…