- On 2nd July 2019, 63-years-old Christine Lagarde nominated by the European Council as New President of European Central Bank. She will replace Mario Draghi.
- She was the first woman to become Finance Minister of G8 Economy and the first woman to head the IMF.
About the European Central Bank
ECB is the central bank for the euro and administers monetary policy within the Eurozone, which comprises 19 member states of the European Union.
i. HQ - Ostend district, Frankfurt, Germany
ii. Established by Treaty of Amsterdam in 1st June 1998
Published On : 06 Jul 2019
Current Affair
