The Netherlands backs Klaas Knot for president of the European Central Bank. Can he really become the next ECB chief, if Lagarde leaves?

The Dutch government has publicly thrown its weight behind Klaas Knot as a potential successor to Christine Lagarde at the helm of the European Central Bank (ECB), a move that places the former Dutch central banker firmly in the race for one of Europe's most influential economic jobs. But with several powerful contenders, delicate political balances between northern and southern eurozone countries, and broader negotiations over top EU posts all likely to play a role, can Knot turn growing support into a successful bid?