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German minister Leyen, World Bank’s Lagarde emerge first females to head EU’s central bank

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German minister Leyen, World Bank’s Lagarde emerge first females to head EU’s central bank

Two women have won the backing of the EU’s leaders to head the European commission and European Central Bank, breaking with more than 60 years of male dominance at the top of the bloc’s institutions.

CNN reported that after days of negotiations, Germany’s defence minister, Ursula von der Leyen, received the support of heads of state and government to replace Jean-Claude Juncker as president of the commission in Brussels.

Read also: US jails 47-yr-old Rwandan linked to 1994 genocide for immigration fraud

The French managing director of the International Monetary Fund, Christine Lagarde, is set to move to Frankfurt to take over from Mario Draghi as the first female president of the ECB once it is formally signed off by the Eurozone group.

Lagarde is a former French finance minister and has been managing director of the International Monetary Fund since 2011.

However, Belgian Prime Minister Charles Michel was also elected president of the European Council, to replace Tusk while Spanish foreign minister Josep Borrell Fontelles will be high representative for foreign affairs and security policy.

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