Dealings: Finance Minister and Ecb

dealings: Now, four years later, Lagarde has been anointed to succeed Draghi at the helm of the ECB. Despite her role, and the dealings we had when I was Greece's finance minister, not once did I feel animosity towards her, according to The Guardian. I found her intelligent, cordial, respectful. The other key figure alongside the International Monetary Fund's then managing director was Mario Draghi, president of the European Central Bank, who played a central role in that drama by engineering the closure of Greece's banks. She even acknowledged, in private at least, that Greece had been given a raw deal and that my campaign to cut our public debt was right and proper. Forced to choose between Berlin's favouritism and the interests of her institution, she unfailingly opted for the former The question now is whether Lagarde's skills are in tune with the task of leading the ECB in the post-Draghi era. Lagarde's priority was holding the troika's line and minimising any challenge to its collective authority. (news.financializer.com). As reported in the news.

The content, information, trademarks and multimedia posted on this blog copyrights to their original owners and herein blogged in good faith for the purpose of commentary, speech, opinion and debate.

financializer news

A weblog highlighting financial topics making news in the international media.