Sunday, 5 May 2024

ECB's Nowotny says takes very positive view of Lagarde nomination

VIENNA (Reuters) – European Central Bank policymaker Ewald Nowotny said on Thursday he takes a very positive view of European Union leaders’ decision to name Christine Lagarde president of the ECB. [nL8N2431D3]

Although he had previously said he would like to see Bundesbank chief Jens Weidmann succeed Mario Draghi in the top ECB job, he told a news conference that Lagarde had proven herself as head of the International Monetary Fund. [nL8N1WY2WO]

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