After three days of talks, European leaders finalized the contenders for top jobs in the European Union (EU), the men and women who would play a significant role in Europe's politics for the next few years.

First on the list is German Defense Minister Ursula Von Der Leyen, who is set to become the President of the European Commission. The top job would involve responsibilities like proposing new EU laws, enforcing the bloc's rules and attending international meetings to advance regional interests. The EU commission president is the head of the executive branch and controls a cabinet of commissioners. Von Der Leyen is a close ally of German Chancellor Angela Merkel, and has been a member of Merkel's party the Christian Democrats or the CDU since 2005. Experts see her as a staunch supporter of European unity who backs closer military cooperation in the EU. She has also argued for Germany to boost its military involvement in the NATO.

Next is Christine Lagarde, the IMF chief who is set to become the new head of the European Central Bank (ECB). The bank is responsible for developing monetary policies of the euro-zone and its currency the Euro. Lagarde, who is French, was the first woman to head the IMF when she took the job in 2011. She had previously served as the French Trade Minister and Finance Minister.

The next most important position is of the European Council president. The Belgium Prime Minister Charles Michel has been chosen to replace Donald Tusk. Michel would chair the European body which decides the EU's political direction. In 2014, Michel became Belgium's youngest PM since 1845 when he was elected at the age of 38. A liberal, he has backed the intake of migrants, an issue which has split Europe right down the middle.

He is followed by Josep Borrell, the Spanish Foreign Minister who is set to become the EU's foreign policy chief. His primary job would be to coordinate foreign and security policy for the EU. An experienced politician, he had served as the European Parliament president from 2004 to 2007.

Finally, the fifth most important position of the European Parliament president went to David-Maria Sassoli, a former journalist and a center-left politician who has been a member of the European Parliament since 2009. He will assume the role of the Assembly Speaker.