When Christine Lagarde arrives at the European Central Bank this autumn to take over from Mario Draghi, among those welcoming her will be some lesser-known members of his inner circle, whose expertise will prove crucial in helping her to settle in.

While Draghi knew how to spot a market panic, he relied on others, such as his former chief economist Peter Praet, to sketch out much of the technical detail of his policy measures.

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, Morningstar financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00.