ECB says Lagarde remains committed to role, no decision on departure

CHRISTINE LAGARDE TO LEAVE ECB BEFORE THE END OF HER 8-YEAR TERM- FT

European Central Bank (ECB) president Christine Lagarde plans to leave her job early, ahead of 2027’s French presidential election, to give outgoing French leader Emmanuel Macron a say in picking her successor, the Financial Times said on Feb 17. Her term is due to end in October 2027, but some fear that the far right may win the French presidential race in ...

This morning, the Financial Times reported a potential early exit for Christine Lagarde from her position as President of the European Central Bank. The rationale here is that a swifter departure would allow French President Emmanuel Macron and German Chancellor Friedrich Merz to appoint a new president ahead of the French presidential elections. Whether ...