Keravnos Praises Outgoing ECB President Lagarde’s Leadership
Finance Minister Makis Keravnos thanked Christine Lagarde for her role in safeguarding monetary stability and resilience in the euro area, including Cyprus, after she announced an early departure.
Nicosia, Cyprus. Finance Minister Makis Keravnos on Friday paid tribute to Christine Lagarde, the outgoing president of the European Central Bank (ECB), following her announcement that she will leave her post early.
Tribute to Lagarde’s record
Keravnos said Lagarde guided the ECB through a period marked by major economic challenges. In his view, her stewardship helped protect monetary stability and reinforced the resilience of the euro area, which includes Cyprus.
Thanks and good wishes
The minister stated: “I thank her for her valuable contribution to Europe and Cyprus and wish her every success in her future endeavours.”
He added that he sincerely appreciated her work at the head of the ECB, and stressed how important her leadership was at a time of economic uncertainty.
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