Christine Lagarde to step down as ECB president on February 7, 2027, months before her term ends

FinanceInternationalEuronews.comOct 29, 2026, 5:45 AM40 s readAI summary

Christine Lagarde will leave the presidency of the European Central Bank on February 7, 2027, about nine months before her eight-year term was due to end, the institution announced. Lagarde informed the ECB Governing Council and European Council President António Costa of her decision. The ECB gave no reason for the departure. Costa said the process to appoint her successor will start immediately; the role is appointed by the European Council by qualified majority.

In 40 seconds

Lagarde will leave the post on February 7, 2027, about nine months before the end of her eight-year term.
The ECB did not explain the reasons for the early exit, after weeks of rumors.
The process to appoint her successor starts immediately and is decided by the European Council by qualified majority.

Read the full story at Euronews.com

IASummary generated by artificial intelligence from a story by Euronews.com. It may contain errors: the original source prevails.

BCE
Lagarde
política monetaria
eurozona
banca central

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Christine Lagarde to step down as ECB president on February 7, 2027, months before her term ends

In 40 seconds

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Keep reading

IMF backs economic rescue bill as Banco de la República calls for rigor in its review

Parks and attractions in Colombia generated US$1.095 billion in 2024, according to IAAPA

President requests urgent congressional passage of fiscal adjustment bill

Oil edges lower after U.S. bombs Iran ahead of Election Day