HomeLive CommentsIMF Lagarde nominated to be next ECB president

IMF Lagarde nominated to be next ECB president

After three days of marathon summit negotiations, EU leaders have finally agreed to nominate two women for the two top posts. France’s IMF Managing Director Christine Lagarde is chosen as the successor of Mario Draghi as ECB President. German Defence Minister Ursula von der Leyen, a close ally of Chancellor Angela Merkel, would succeed Jean-Claude Juncker as European Commission President.

In other decision, Belgium’s Liberal caretaker Prime Minister Charles Michel would overtake Donald Tusk as European Council President. Spain’s acting Foreign Minister, Josep Borrell, is nominated as EU’s foreign policy chief.

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