Christine Lagarde

Christine Lagarde's Team at the European Central Bank is Made up Entirely of Men (PHOTO)

European Central Bank's new head Christine Lagarde posted a solemn photo of her new team at the European Central Bank (ECB), but she probably did not expect what kind of reaction she would provoke, the newspaper Figaro writes in an online publication.

The photo shows Lagarde in front of a large round table surrounded by her new team, made up entirely of men.

Christine Lagarde Was Endorsed by EU Leaders as the Next ECB President

Christine Lagarde was endorsed by EU leaders as the next President of the European Central Bank (ECB).

The European Council endorsed Christine Lagarde as President of the ECB. She will replace the now former ECB President Mario Draghi from 1 November. 

Earlier, her candidacy was endorsed by The European Parliament and the Council of the EU.

Kristalina Georgieva's Immediate Priority Is to Help Countries Minimize the Risk of Crises

Global economic growth continues to be disappointing, trade tensions remain, and debt burden is increasing in many countries. In this context, my immediate priority for the IMF is to help members minimize the risk of crises and be prepared to cope with economic downturns.

Official: IMF Executive Board Selects Kristalina Georgieva as Managing Director

The Executive Board of the International Monetary Fund (IMF) today selected Kristalina Georgieva to serve as IMF Managing Director and Chair of the Executive Board for a five-year term starting on October 1, 2019. Ms. Georgieva, who succeeds Christine Lagarde, is the first person from an emerging market economy to lead the IMF since its inception in 1944.