Lagarde wins EU lawmakers’ approval to lead ECB

Euronews | Sep 17, 2019 at 1:02 PM
  • The European Parliament backed Christine Lagarde on Tuesday as the next president of the European Central Bank, paving the way for her to become the first woman to hold the post.
  • Lawmakers voted 394 in favour, 206 against and with 49 abstentions in the parliament’s plenary in Strasbourg.
  • A shrewd negotiator who has run the International Monetary Fund but has little monetary policy experience, Lagarde was selected in July by EU leaders to replace Mario Draghi from Nov. 1 at the helm of the bloc’s most powerful financial institution.