Cigars with Lagarde: ECB’s Holzmann eyes return to positive rates 0 SHARES Share it! Holzmann, who as head of the Austrian central bank gets a seat on the ECB’s Governing Council, told the Krone paper his goal was to have savers get a return on their money again. Lagarde, a Frenchwoman who used to head the International Monetary Fund, replaced Mario Draghi as ECB president last month. “Madame Lagarde — who neither smokes nor drinks — had French cheese and wine served at a cabin in the park. “The collegial aspect was more important to her, so we were able to go a bit deeper initially in personal conversations.”

Source: Manila Bulletin December 08, 2019 09:11 UTC