German Chancellor Merz will meet ECB officials in Berlin next week and attend a
Bundesbank-hosted formal dinner on Tuesday, ahead of the ECB’s two-day policy
meeting, sources said. The meeting — the ECB’s annual rate decision held outside
Frankfurt on a rotating basis — is widely expected to deliver a 25bp hike. Merz
is expected to discuss Germany’s improving economic outlook with ECB officials.
The gathering comes amid uncertainty over ECB President Lagarde’s future: she
has indicated she may not complete her term through October 2027, and the World
Economic Forum is seeking to invite her to become its next chair. The German
government is weighing whether to nominate Bundesbank chief Nagel as a potential
successor to Lagarde.