The rumours are flying all over the place as the European Council summit start time gets delayed again
European leaders will now only begin their sit-down session at 1300 GMT after the start time has been delayed since the morning. Of course, all of this is happening as everyone is scrambling to negotiate with their respective parties and counter-parties in order to work out an agreement for who will take up Europe’s top jobs.
The latest update sees IMF chief, Christine Lagarde, emerging as a possible frontrunner to succeed Draghi as ECB president, according to Bloomberg. Frans Timmermans is said to remain as the main candidate to become European Commission president but is encountering opposition from several nations from Eastern Europe.
There’s also talk that we could see a split as per the following in order for all parties to try and reach some form of agreement, although I doubt most countries will be happy with Germany taking up the European Commission presidency and still having Manfred Weber chair parliament for 2.5 years:
