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• Lagarde charms EU lawmakers as she heads for ECB presidency

 
• Trump’s EU envoy wants ‘impasses’ (aka Juncker, Tusk and Mogherini) ‘to go away’

 
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MEPs failed to follow up on major concerns about Lagarde’s lack of experience as an economist.

Christine Lagarde is headed for the top job at the European Central Bank despite staying virtually silent on her plans for the bloc’s monetary policies.

The current International Monetary Fund boss successfully weathered a hearing with the European Parliament’s committee on economic and monetary affairs (ECON) on Wednesday in Brussels, as she bids to succeed ECB President Mario Draghi on November 1.

Pledging to prioritize climate change and public communication of eurozone policies as ECB president, it was the 63-year-old’s political acumen that won over lawmakers as they assessed her for a job typically reserved for male economists in gray suits.

But in the near three-hour hearing, Lagarde avoided talking specifics on monetary policy: dancing around questions on how monetary stimulus had inflated house prices and how record low interest rates are hurting pensioners and savers.

Συνέχεια ανάγνωσης εδώ: politico.eu

 
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Trump’s EU envoy wants ‘impasses’ (aka Juncker, Tusk and Mogherini) ‘to go away’

US declares optimism after Pompeo meets von der Leyen and other incoming leaders.

The Trump administration is hoping that a change in EU leaders this fall will “make impasses go away,” including in an ongoing trade dispute, according to America’s ambassador to the bloc, Gordon Sondland.

“Our relationship had reached multiple impasses on multiple fronts with the European Union, on trade and on other matters, and resulted in what I would call a lot of uncomfortable cranky conversations,” Sondland told reporters Tuesday after accompanying U.S. Secretary of State Mike Pompeo to meetings with the EU’s four incoming senior officials: Commission President-elect Ursula von der Leyen; Council President-elect Charles Michel; the nominee for foreign affairs chief Josep Borrell; and the new European Parliament President David Sassoli.

Συνέχεια ανάγνωσης εδώ: www.politico.eu