Sabine Lautenschläger
ECB prepares for the worst: Life without the Bundesbank
The European Central Bank (ECB) is drafting contingency plans to carry out its multi-trillion bond-buying program without the Bundesbank in case Germany's top court forces the main participant in the scheme to quit, four sources told Reuters.
Christine Lagarde Was Endorsed by EU Leaders as the Next ECB President
Christine Lagarde was endorsed by EU leaders as the next President of the European Central Bank (ECB).
The European Council endorsed Christine Lagarde as President of the ECB. She will replace the now former ECB President Mario Draghi from 1 November.
Earlier, her candidacy was endorsed by The European Parliament and the Council of the EU.