Article 4JCP1 Christine Lagarde faces ECB test of legendary diplomatic skills

Christine Lagarde faces ECB test of legendary diplomatic skills

by
Phillip Inman
from on (#4JCP1)

European Central Bank provides an arena split between anti-austerians and expansionists

Christine Lagarde will take up the position of head of the European Central Bank as a self-confessed economic outsider who has preferred to emphasise 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

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