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France's Christine Lagarde was nominated to lead the ECB (Photo: Council of the EU)

Lagarde set to lead ECB

Christine Lagarde is set to lead the European Central Bank following a breakthrough deal on top EU jobs at a summit in Brussels on Tuesday (2 July).

The French former finance minister and current managing director of the International Monetary Fund (IMF) is now set to succeed Mario Draghi, whose terms comes to an end in October.

Lagarde accepted the nomination on Twitter only moments after it was officially annou...

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