EU Lawmakers approve Ursula von der Leyen as EC President

July 16, 2019 Share Print 0

Ursula von der Leyen will be the next president of the European Commission, the EU’s executive arm, after lawmakers approved her nomination on Tuesday.

383 European lawmakers voted in favor of the appointment, surpassing the 374 votes needed to confirm her.

The incoming president told the parliamnent that trust placed in her by lawmakers reflected a “confidence placed in Europe.” Von der leyen added that her endeavour was a “united and strong Europe.”

Moments earlier, the incoming president took to Twitter to say thank you in several languages.

via CNBC

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Alfonso Esparza

Senior Currency Analyst at Market Pulse

Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.