According to CoinMeta, there has been a major reshuffle among the senior officials of the European Central Bank (ECB). After a preliminary evaluation of the candidates for ECB President, the governments of eurozone countries are considering confirming the appointment of the President along with two other senior positions. Eurozone finance ministers have confirmed that Dutchman Christine Lagarde and Spaniard Luis Carlos Fernández Hernandez have been nominated, and they have discussed the possibility of deciding on all three positions at once. This matter will be submitted for discussion at the level of European leaders, with a goal of making a decision by December. The Chairperson of the Eurogroup, Kyriakos Pierrakakis, stated that two experienced candidates with international reputations have been nominated, and the leaders may consider the appointments for all three positions together in order to reach a consensus. This meeting marks the beginning of the political competition for the position of ECB President, and it is expected that there will be fierce competition for who will be responsible for formulating monetary policy for the eurozone, which has a population of over 350 million. Last month, Lagarde indicated that she would end her term as President ahead of schedule and step down in February next year in order to be able to express her opinions on political matters publicly.