European Parliament confirms Christine Lagarde as new ECB president – The Economic Journal


The former IMF director on Wednesday confirmed in Strasbourg, in the European Parliament, as the new president of the ECB, after a hearing marked by praise for the choices made by Mario Draghi, whose mandate was marked by the introduction of unconventional monetary policies to combat the Eurozone crisis.

Christine Lagarde, confirmed as Italian's successor, has outlined a set of principles that she advocates for monetary policy, and highlighted the “agility and commitment” that she considers to have been essential in Draghi's response to the economic turmoil of the past decade.

(in update)



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