File Photo - Minister for the Economy, Finance and Employment Christine Lagarde arriving at Hotel de Matignon in Paris, France on January 20, 2010, for a meeting with Prime Minister Francois Fillon. The European Council announced Tuesday that Lagarde, the current head of the International Monetary Fund, had been chosen to succeed Mario Draghi as president of the European Central Bank,, whose eight-year term ends in October. Photo by Mousse/ABACAPRESS.COM