German Chancellor Merz is reportedly attending an official dinner at the Deutsche Bundesbank next week in Berlin, followed by a European Central Bank (ECB) monetary policy meeting in the city. With ECB President Lagarde's term ending in October 2027 and several key officials potentially departing early, the race for the ECB's next leadership is accelerating. Germany is reportedly considering nominating Deutsche Bundesbank President Nagel to run for the next ECB President, a move that has already received explicit support from German Finance Minister Lars Klingbeil. This personnel reshuffle involves multiple core positions, including the President and Executive Board members, and is expected to be determined through a coordinated "package deal" among several countries.