Recommendation of Lagarde as ECB president approved by European Parliament
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E-mail Xinhua, September 18, 2019
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Members of the European Parliament (MEPs) approved the recommendation of Christine Lagarde as the new head of the European Central Bank (ECB) in a plenary vote on Tuesday.
The MEPs voted 394 in favor, 206 against and 49 abstentions after a debate was held on Lagarde's suitability for the position earlier Tuesday morning.
The European Parliament gives a non-binding opinion on whether or not a candidate is suitable to fill the role of the ECB president. The final decision will be made by the European Council in October.
Lagarde, previously head of the International Monetary Fund, was nominated to replace Mario Draghi as the ECB head on Nov. 1.
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