IMF's Christine Lagarde nominated for top job at European Central Bank

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IMF's Christine Lagarde nominated for top job at European Central Bank
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The European Union Council officially nominated on Tuesday Christine Lagarde, managing director of the International Monetary Fund, to become the next president of the European Central Bank.

The council also nominated Ursula von der Leyen, the German defense minister, for the European Commission presidency. Belgium Prime Minister Charles Michel was also nominated for the European Council president job.

The choices were particularly difficult this year given the fragmented outcome of the European parliamentary elections in late May, and the variety of top jobs that are up for grabs before the end of the year. European citizens voted mostly for pro-EU parties in the May election. However, the center-right European People's Party , which had been a powerful force driving EU politics over the last four decades, lost quite a lot of support from the previous election. As a result, there was a stronger showing for liberal lawmakers, euroskeptics and for the Green party.

The 28 heads of state had to consider the outcome of these elections in the appointment of the next European Commission president — who will take power on November 1 from President . As well as the political affiliation of the next Commission president, the different EU leaders had to look at gender and nationality.

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