Lagarde at the ECB, von der Leyen at the European Commission

Two women have been chosen after an agreement reached in pain over the key posts of the European Union (EU), firstly IMF managing director Christine Lagarde will lead the European Central Bank (ECB) and secondly German Defense Minister Ursula von der Leyen will chair the European Commission (EC). This Franco-German female tandem will notably have the task of reducing populism by improving the reputation of the EU and the euro zone and preparing them to effectively go through the possible end of the global economic expansion cycle started after the Great Recession of 2008-2009.