European Central Bank provides an arena split between anti-austerians and expansionistsChristine Lagarde will take up the position of head of the European Central Bank as a self-confessed economic outsider who has preferred to stress her ability as a listener and tough negotiator during her seven years as managing director of the International Monetary Fund.
A lawyer by training, the former French finance minister is credited with turning around the Washington-based IMF after it was thrown into turmoil by the abrupt resignation of her predecessor Dominique Strauss-Kahn following unproven allegations of sexual assault and attempted rape. Related: Women to head top EU institutions for first time Continue reading...
Source: theguardian.com