Nomination of Lagarde as President of the ECB – A Testimonium Paupertatis

Open letter to the European Council

Dear leaders of Europe and fellow Europeans,

as a longtime proponent of Europe, European integration and the institutions of the European Community, I write this open letter to convey my thoughts on the nomination of Christine Lagarde as next President of the European Central Bank (ECB) by the European Council, and to voice my discontent with this nomination. In short I cannot help but think: what a political testimonium paupertatis.

Please allow me to explain for there are good reasons in support of this qualification. Regardless of our opinions in this matter, I am sure we can all agree Europe simply is too important. Committed to a shared European spirit, I write this open letter.

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