Lagarde wins EU lawmakers’ approval to lead ECB

The European Parliament backed Christine Lagarde on Tuesday as the next president of the European Central Bank, paving the way for her to become the first woman to hold the post. Lawmakers voted 394 in favor, 206 against and with 49 abstentions in the parliament’s plenary in Strasbourg. “Christine Lagarde is an excellent choice and she has my full support,” Ludek Niedermayer,