Lagarde to get harsh snapshot of ECB’s challenges


ECB Lagarde Draghi

ZURICH: Christine Lagarde is about to get a harsh snapshot of the challenges that face her when she takes up the European Central Bank presidency this week.

As the former French finance minister counts down to taking over from Mario Draghi, the deteriorating backdrop that pushed the ECB into a new round of monetary stimulus less than two months ago will be brutally exposed.

Figures are due to show the euro area’s worst economic performance since 2013 and inflation slipping further from the ECB’s goal.

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Lagarde , Draghi , ECB , challenges , snapshot , economic , performance ,

   

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