Appointment of Christine Lagarde as head of the European Central Bank

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Publication Date 2019
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Reports and analyses concerning the selection and subsequent appointment of Christine Lagarde to lead the European Central Bank (ECB).

Further information:

Ms Lagarde's name was put forward as part of a package agreed by the European Council on selecting the leading figures of the main institutions of the European Union (EU), following the European Parliament elections in May 2019. The overall agreement was reached on 2 July 2019.

The Council of the European Union adopted on 9 July a Recommendation on the nomination of Ms Lagarde for the ECB presidency, thus formalising the agreement reached by national leaders. On 16 July, Ms Lagarde announced her resignation as head of the International Monetary Fund (IMF). On 25 July, the Governing Council of the ECB adopted an opinion on the recommendation from the Council. The Governing Council raised no objections to the proposed candidate.

On 4 September, the European Parliament's Economics and Monetary Affairs Committee recommended Ms Lagarde for the post of ECB President following a session in which she was questioned on her competences and plans. The endorsement was confirmed by the plenary session of the Parliament on 17 September.

Christine Lagarde was appointed by the European Council as President of the European Central Bank on 18 October. Her non-renewable term of 8 years started on 1 November 2019.

Related Link(s)
Commentary and Analysis
BBC News, 02/07/2019: Christine Lagarde: The 'rock star' of finance
Politico, 03/07/2019: ECB needs a rocket scientist, not a rock star
EurActiv, 03/07/2019: Christine Lagarde, a non-conventional pick for the ECB presidency
Euro|topics, July 2019: The right people for the EU's top jobs?
The Guardian, 09/07/2019: The ECB must heed calls to review its policy framework
The Guardian, 15/07/2019: Christine Lagarde will have to confront Berlin if she’s to save the euro
Bloomberg, 25/07/2019: Lagarde’s Future ECB Colleagues Aren’t All Convinced About Her
Reuters, 13/08/2019: Draghi's parting gift to tie Lagarde's hands
Bloomberg, 17/09/2019: Draghi Leaves It to Lagarde to Pick Up the Pieces
The Guardian, 30/09/2019: Christine Lagarde must jump-start change in Europe's economy
The Economist, 26/10/2019: Germans have mixed feelings about Christine Lagarde
Bloomberg, 31/10/2019: Lagarde’s Task Is to Lead a Cultural Revolution
LSE: EUROPP Blog, 01/11/2019: What to expect from Christine Lagarde’s presidency of the European Central Bank
Deutsche Welle, 01/11/2019: Christine Lagarde will need all her skills to steer ECB through trying times
New Statesman, 01/11/2019: The danger of personalised power in the EU
LSE: EUROPP Blog, 09/01/2020: Taking stock of Christine Lagarde’s challenges at the ECB

Politico, 09/07/2019: EU finance ministers back Lagarde for ECB top job
Deutsche Welle, 16/07/2019: Christine Lagarde steps down as IMF chief, to take up ECB post
BBC News, 16/07/2019: Christine Lagarde resigns as head of IMF
Bloomberg, 21/07/2019: Draghi Prepares His Legacy for Like-Minded Lagarde as ECB Meets
Reuters, 25/07/2019: ECB backs Lagarde's appointment as new president
TIME, 04/09/2019: Christine Lagarde Defends the European Central Bank's Low Rates as She Prepares to Take Over
EurActiv, 04/09/2019: Lagarde pledges to continue with Draghi’s loose monetary stance
EUObserver, 04/09/2019: Rich EU states should spend more, Lagarde says
Politico, 04/09/2019: Lagarde charms EU lawmakers as she heads for ECB presidency
Deutsche Welle, 04/09/2019: Lagarde at EU parliament hearing for ECB presidency
Bloomberg, 04/09/2019: ECB Nominee Lagarde Supports Push to Clarify Inflation Goal
The New York Times, 04/09/2019: Lagarde Vows to Put Climate Change on the E.C.B.’s Agenda
RTÉ News, 04/09/2019: ECB President hopeful supports bank's current stance
Reuters, 17/09/2019: Lagarde wins EU lawmakers' approval to lead ECB
Deutsche Welle, 17/09/2019: EU Parliament backs France's Lagarde as next ECB chief
RTÉ News, 17/09/2019: Lagarde wins EU approval to lead ECB
Politico, 18/10/2019: EU seals Lagarde’s ECB appointment

European Parliament: Legislative Observatory: Procedure File for Appointment of the President of the European Central Bank - Candidate: Ms Christine Lagarde
ECB: Press Release, 25/07/2019: ECB adopts opinion on appointment of its future President
European Parliament: Press Release, 04/09/2019: Lagarde recommended for ECB President by Economics and Monetary Affairs Committee
European Parliament: Opening Statement by Christine Lagarde to the Economic and Monetary Affairs Committee of the European Parliament, 4 September 2019
European Parliament: Written replies of Ms Lagarde to the written questions of MEPs, 4 September 2019
European Parliament: Press Release, 17/09/2019: European Parliament gives green light to Christine Lagarde
European Council Decision on the appointment of the President of the European Central Bank
European Council: Press Release, 18/10/2019: Christine Lagarde appointed President of the European Central Bank
ECB: The President of the European Central Bank - Christine Lagarde [Curriculum Vitae]

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