Article 4JETB Christine Lagarde: key issues she must address at the ECB

Christine Lagarde: key issues she must address at the ECB

by
Richard Partington
from Economics | The Guardian on (#4JETB)

If confirmed as president, rebooting eurozone growth should be among top priorities

Christine Lagarde's nomination as the next president of the European Central Bank was not widely expected.

If confirmed as Mario Draghi's replacement, the head of the International Monetary Fund would be the first ECB president without any direct experience of setting central bank policy. Although a lawyer by professional background, Lagarde could be helped by the political experience she has gained through stints at the IMF and as France's finance minister. Presiding over the ECB, whose responsibilities include setting the eurozone interest rate and ensuring the stability of the banking system, is viewed as a tough task given the requirement to oversee 19 eurozone economies.

Lagarde arrives with several challenges facing the ECB. Here are the key issues she must address:

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