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On 2 July 2019, Christine Lagarde was nominated by the European Council to succeed Mario Draghi as President of the European Central Bank (ECB) on 1 November 2019. [47] On 17 September 2019, the European Parliament voted via secret ballot to recommend her to the position, with 394 in favour, 206 opposed, and 49 abstentions. [72]
The President is appointed by majority in the European Council, de facto by those who have adopted the euro, for an eight-year non-renewable term. The primary objective of the European Central Bank, as mandated in Article 2 of the Statute of the ECB, [5] is to maintain price stability within the Eurozone. Current holder Christine Lagarde ...
The president heads the executive board, Governing Council and General Council of the ECB, and represents the bank abroad, for example at the G20. The officeholder is appointed by a qualified majority vote of the European Council , de facto by those who have adopted the euro, for an eight-year non-renewable term.
ECB President Lagarde speaks to reporters following the Governing Council's monetary policy meeting, in Frankfurt. BUDAPEST (Reuters) -Central bank independence is being questioned in parts of the ...
The European Central Bank began posting on the Bluesky micro-blogging platform on Monday, joining a rival to Elon Musk's X just as the U.S. billionaire ramps up his political campaigning in Europe.
The following is a list of past and present members of the Executive Board of the European Central Bank. A member serves for a non renewable term of eight year. Since the ECB was established in 1998, the following people have served as Executive Board members: [2] Status
SINGAPORE/PARIS (Reuters) -Global stock markets rose on Friday, after U.S. President Donald Trump's latest comments were seen as taking a softer stance towards tariffs against China and raised the ...
President of the European Central Bank; D. Mario Draghi; Wim Duisenberg; L. Christine Lagarde; T. Jean-Claude Trichet This page was last edited on 5 July 2024, at ...