First woman nominated as ECB head

The nomination of Christine Lagarde to head the ECB is really interesting. Yes, she’s an establishment figure and one who leads the IMF, which had a big role in Greek austerity. But you were never going to get a true outsider in Frankfurt. On the other hand, her positions have shifted in recent years. She’s been pretty outspoken, as outspoken as anyone in a position like hers, against austerity politics, income inequality or the German trade surplus. She’s a lawyer by training, and an advocate by temperament. We may see a more activist ECB presidency, which some will lament, but it could also mean Europeans know the names of and hear from the people leading their main institutions. It’ll be fascinating to watch.

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Christine Lagarde’s nomination will stir concern about the ECB’s immunity from political influence. She will need to prove her independence to ensure Draghi’s legacy is not wasted. My column for Bloomberg Opinion.

Great move by the ECB; Mrs Lagarde is a smart,seasoned,globalist yet practical leader. I sincerely hope this will go through. She has my vote :) https://lnkd.in/eQ45aps

I am honored to have been nominated for the European Central Bank Presidency. In light of this, and in consultation with the Ethics Committee of the IMF Executive Board, I have decided to temporarily relinquish my responsibilities as IMF Managing Director during the nomination period. https://ow.ly/72pM50uRVtD

Wonderful that a woman is nominated for the most prestigious function at the EU. I hope the next one will be Christine Lagarde as ECB President.

Europe can make decisions when needed. And progressive ones at that. https://lnkd.in/eXwBZsv

Germany to get the Presidency of the European Commission and France the European Central Bank. Both accomplished and illustrious women!