EU chief Antonio Costa on Thursday praised Lagarde’s “management” after she stepped down, and mentioned the method to call a successor begins instantly.
“By way of a world pandemic, a conflict in Europe, vitality crises and inflation shocks, she has offered a gradual and decided stewardship, serving to to safeguard stability and the resilience of the euro space,” Costa, who leads the European Council representing EU states, mentioned.
“To make sure a easy transition to the subsequent management of the ECB, the method for the appointment of her successor will probably be initiated immediately and can proceed directly, with a view to a well timed determination,” Costa mentioned on social media.
