A post by @FirstSquawk on X.

Spain’s economy minister said she is optimistic that Luis de Cos can secure the European Central Bank’s top job, putting Madrid’s candidate at the center of the eurozone’s most consequential personnel decision. The remarks signal active Spanish lobbying in a race that will shape the ECB’s policy direction at a time when markets are sensitive to any hint of a shift in leadership. De Cos, currently Spain’s central bank governor and an ECB Governing Council member, would bring a sitting policymaker’s perspective to the role. The succession matters because the ECB president sets the tone for rate policy, balance-sheet decisions and crisis tools across the 20-nation currency bloc. What to watch next is whether Spain’s public confidence translates into formal backing from eurozone governments, with the field of candidates and the timing of a decision still unresolved.