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Jockeying begins to take European Central Bank's reins from Draghi

The 19 countries that use the euro are preparing for a delicate political dance that will decide who will steer the eurozone economy away from years of easy-money policies

Mario Draghi
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European Central Bank president Mario Draghi

Tom Fairless | WSJ Frankfurt
The decision on who will succeed Mario Draghi as European Central Bank president is still a year away, but the jockeying for position is already under way.

The 19 countries that use the euro are preparing for a delicate political dance that will decide who will steer the eurozone economy away from years of easy-money policies. The favorite, Jens Weidmann, the conservative president of Germany’s central bank, risks becoming a lightning rod for criticism of the nation’s dominance of the $14 trillion currency bloc.

The ECB recently received legal advice that a French member of its executive board, Benoît Coeuré, could be