Renew Europe approves Christine Lagarde for President of the ECB

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The Renew Europe Group of MEPs in the European Parliament today provided a positive opinion on the European Council’s nominee for the next President of the European Central Bank, Christine Lagarde.

The vote followed a hearing with the nominee on the 4th September 2019 in the Parliament’s Committee on Economic and Monetary Affairs, which evaluated the credentials of the nominee. Renew Europe MEPs adopted a favourable decision.

Dacian Cioloș MEP, President of the Renew Europe Group commented today;

“Christine Lagarde faces a challenge to unite the ECB and provide coherent policies in an increasingly turbulent global economy, but I have no doubt that she is the right person for this job.”

“It will be great to have a first female President of the ECB, which is a long overdue development. Helping the people to understand why decisions are made is the ultimate goal and I am confident Ms Lagarde will ensure this.”

Luis Garicano MEP, Coordinator for Renew Europe on the ECON Committee reacted;

“I am delighted to see a powerful woman of Christine Lagarde’s experience at the helm of the ECB and she has my full confidence. Parliamentary scrutiny of the ECB and its activities will be important in the coming years and Renew Europe intends to play a key role.”

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