IMF’s Christine Lagarde nominated President of European Central Bank

By NOELA EBOB BISONG Christine Lagarde, managing director of the International Monetary Fund was on Tuesday, July 2, 2019, nominated president of the European Central Bank. Lagarde’s nomination was announced in a tweet by European Council president Donald Tusk, following a meeting between leaders that had lasted since Sunday. While her appointment still needs to be confirmed by the European Parliament, Tuesday’s vote, from the heads of European states, is the first step and the nomination sets her up to be the first female head of European monetary policy. Christine Lagarde Reacting to her nomination, Lagarde said in a statement…