Christine Lagarde gets European Parliament approval as next ECB chief

With 394 MEPs in favour and 206 against Christine Lagarde won the European Parliament approval to lead the European Central Bank.

EU leaders will formalise her appointment at a summit in mid October for an eight-year term.

At the Economic Committee hearing she said “Primary mandate is price stability, of course. But it has to be embedded that climate change and environmental risk are mission-critical.”

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