Economics
IMF’s Lagarde Touted for ECB Chief in Latest EU Jobs Plan
- German defense minister is latest candidate for commission job
- Timmermans’s bid ran into opposition from center-right bloc
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European Union leaders are considering making International Monetary Fund Managing Director Christine Lagarde the next president of the European Central Bank, according to officials briefed on discussions at a summit in Brussels on Tuesday.
Lagarde’s name is one of the key pieces in the latest slate of candidates for the EU’s top jobs which leaders, lawmakers and parties have been wrangling over since Sunday.