Hello, I'm Lawrence Knight. Welcome to Business Daily from the BBC. Today we mark a changing of the guard at one of the world's most important financial institutions. At the European Central Bank, it's out with the old.

He should be remembered for saving the Eurozone. And in with the new.

One of her greatest skills is communication.

She will be much more visible to the public.

But as Christine Lagarde prepares to take over from Mario Draghi,

is she inheriting another crisis in the making?

That's all on Business Daily from the BBC.

He's known as Super Mario after the Nintendo video game hero.

But on Thursday this week,

Mario Draghi will be hanging up his plumber's cap as he steps down as president of the European Central Bank

after eight years in charge.

It has been a tumultuous eight years.

First, he had to extinguish a financial conflagration

that threatened to send the entire single currency up in smoke.

Then there came the much harder grind of reviving a stagnant European economy

at a time when the Eurozone's 23 national governments showed no interest in helping out by spending

more money. And he did it through some fairly extraordinary and

controversial policy interventions. By comparison, his last ever press conference in charge,

which he held last week, was a rather tepid affair. The BBC's economics correspondent,

Andrew Walker, sat through the whole thing.

I think he would regard it as having gone pretty well.

I mean, he focused on defending the policy decisions that the ECB took,

...