EU Horse-Trading Over Top Jobs Begins as Italy Makes EIB Bid
- Luxembourg lender role is first in new round of bargaining
- Deadline for ECB supervisory chief candidates is next week
The European Investment Bank.
Photographer: Olivier Matthys/BloombergThis article is for subscribers only.
Italy, Poland and Sweden proposed candidates to lead the European Investment Bank, according to people familiar with the matter, kicking off an initial round of European Union horse trading before bargaining over top jobs intensifies next year.
Former Finance Minister Daniele Franco is Rome’s nominee, while Warsaw put forward EIB Vice President Teresa Czerwinska, the people said Friday — speaking on the condition of anonymity — as EU finance ministers gathered in Luxembourg. That city hosts the institution that claims to be the world’s largest multilateral borrower and lender.