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Lagarde to rely on political skill to overcome shortcomings at ECB

FRANKFURT (Reuters) - A shrewd negotiator who has run the IMF but has little monetary policy experience, Christine Lagarde will face the challenge as the European Central Bank's new chief of having to revive the euro zone economy with a largely depleted policy arsenal.

EU leaders' tentative agreement on top jobs

BRUSSELS (Reuters) - The European Union's national leaders reached a tentative deal on Tuesday on who should hold the bloc's most prominent positions for the next five years, diplomatic sources said, but the package hit resistance from the European Parliament.

Lagarde to relinquish IMF duties during ECB nomination period

WASHINGTON (Reuters) - International Monetary Fund Managing Director Christine Lagarde said on Tuesday she is "honoured" to be nominated for the European Central Bank presidency and will temporarily relinquish her IMF responsibilities during the nomination period.

Instant View: IMF chief Lagarde nominated to succeed Draghi at ECB

FRANKFURT (Reuters) - IMF Managing Director Christine Lagarde was nominated on Tuesday to succeed Mario Draghi as president of the European Central Bank from Nov. 1.

PM Conte says Italy will receive competition portfolio in next EU Commission

BRUSSELS (Reuters) - Prime Minister Giuseppe Conte said on Tuesday Italy would receive the influential competition portfolio in the next European Commission, adding that he also hoped to obtain a post on the next ECB board for his nation.

Lagarde's ECB nomination thrusts IMF into early succession race

WASHINGTON (Reuters) - The nomination of Christine Lagarde as European Central Bank president on Tuesday has thrust the International Monetary Fund into an early, unanticipated search for a new leader amid a raging trade war that has darkened the outlook for global growth.

ECB's Nowotny says takes very positive view of Lagarde nomination

VIENNA (Reuters) - European Central Bank policymaker Ewald Nowotny said on Thursday he takes a very positive view of European Union leaders' decision to name Christine Lagarde president of the ECB.

Germany's Merkel absorbs domestic heat to get her woman to EU helm

BERLIN/BRUSSELS (Reuters) - In the twilight of her career, German Chancellor Angela Merkel has chosen to soak up domestic heat from her coalition partners in order to secure a close ally at the top of the European Union who will outlast her.

With French-flavoured EU line-up, Macron builds future influence

PARIS/BRUSSELS (Reuters) - After struggling to get his way in Brussels for much of the past two years, Emmanuel Macron can claim a rare victory in brokering a deal on Europe's new leadership team, in a sign the French president might wield greater influence in coming years.

Italy's League - Too early to say if Panetta will be ECB candidate

MILAN (Reuters) - The economic chief of Italy's ruling League party said on Friday it was too early to say whether the government would try to get central bank vice governor Fabio Panetta onto the board of the European Central Bank.