Reuters offered an insightful report on how Mario Draghi, while leaving a more united euro zone when stepping down as president of the European Central Bank, was handing over a body more publicly divided than ever on how best to resurrect an ailing regional economy. The Italian banker is widely credited with saving the euro zone from collapse, but some critics say he also overpowered opponents and tended to front-run the bank’s monetary policy in public. Draghi’s management style sharply escalated tensions by the end of his term and ECB policymakers Reuters spoke to said that creating the broadest possible consensus and making sure that the ECB speaks with one voice, should be Christine Lagarde’s top priorities after she takes over.
Reuters insight: Draghi leaves Lagarde to heal rift at European Central Bank
29 October 2019, 12:00 am 1 minute
Type: Reuters Best
Regions: Europe / Middle East / Africa