Economics
ECB Head-to-Head: Spain Battles Ireland for the Vice Presidency
- European Parliament will hold informal hearings on Wednesday
- A crisis-era politician up against an academic central banker
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The two contenders for the European Central Bank’s second-highest post are in for a grilling on Wednesday.
Spain’s Luis de Guindos and Ireland’s Philip Lane will come before the European Parliament for informal hearings as they pitch for the vice presidency. The winner starts in June and gets a seat at the top table as the ECB maps a path out of emergency stimulus.