After three days of negotiations, the leaders of the European Union’s twenty-eight member states
reached a deal (FT) to nominate International Monetary Fund chief Christine Lagarde to be the next president of the European Central Bank and German Defense Minister Ursula von der Leyen to lead the European Commission, the EU’s primary executive body.
The European Parliament, which
elected its own president (DW) today, must still vote on von der Leyen’s nomination. It must also sign off on Lagarde’s nomination and picks for European Council president and EU foreign policy chief. It would mark the first time the
bloc’s top two policymakers (Guardian) are women. The nominees in this deal are seen as consensus builders as the bloc has
faced fragmentation (Economist) over issues such as refugee policy and global trade tensions.