Euro-area governments have been asked to submit nominations for successors to European Central Bank President Christine Lagarde by Friday.

The European Union is rushing to forge a new transatlantic alliance just as an old one is falling apart.

The European Central Bank asked the region’s leaders to start choosing a successor to Chief Economist Philip Lane, opening the race for yet another vacancy on its Executive Board.

Euro-area leaders will meet in Brussels Nov. 26-27 to discuss who will take over the top job at the European Central Bank after President Christine Lagarde announced her plans to step down, according to European Council President Antonio Costa.

European Commission President Ursula von der Leyen pressed ahead in calling for Canada to become an “associate member,” even after the bloc’s member states rejected that language.

The European Union removed language from a draft summit declaration calling for Canada to become the bloc’s first “associate member” after some EU countries resisted the term given the lack of detail about what that would entail.

The deadline for applications to replace European Central Bank Executive Board member Isabel Schnabel was extended by a month to allow countries more time to propose candidates.

The European Union is advancing plans to protect more sectors from surging Chinese imports, which the bloc’s trade chief warned may create a record deficit this year.

The European Union and Canada will endorse an unprecedented alliance at a summit next week, cementing plans for associate EU membership for Ottawa as both reduce their dependence on the US.

European Union leaders rallied behind a tough new set of powers to counter coercive trade practices and, in extreme cases, cut off its market of 450 million consumers from economic rivals such as China.

Germany will press the European Union to quickly place quotas on additional sectors of goods being imported from China, replicating a cap the bloc is planning to impose on hybrid vehicles.

The European Union said China agreed to slash millions of hybrid car exports to the bloc, pointing to a potential trade detente before EU leaders meet next week to discuss further steps against Beijing.

China said it has reached an “understanding” with the European Union on hybrid car exports — a key source of friction between the two sides — without offering any details.

Germany wants its candidate for Isabel Schnabel’s vacancy at the European Central Bank to keep her financial-markets portfolio, according to people familiar with the matter.

European Commission finance chief Valdis Dombrovskis urged euro-area member states to observe budgetary restraint, pushing back against a proposal from Italy and Greece to introduce additional leeway.

The European Central Bank has the instruments to stabilize financial markets if required, President Christine Lagarde told euro-area finance ministers.

Nominations to succeed European Central Bank official Isabel Schnabel must be submitted by the end of the month as President Christine Lagarde’s future there remains shrouded in mystery.

The European Union is striking a more assertive approach to China as it heads into two days of negotiations in Beijing aimed at avoiding an economically damaging trade war.

The European Union is striking a more assertive approach to China as it heads into two days of negotiations in Beijing aimed at avoiding an economically damaging trade war.

The European Union wants to restrict money and market access for Ukraine’s vast agriculture sector if the country joins the bloc — an attempt to appease concerns about Kyiv’s membership bid.