ECB President Lagarde to stand down in February
The move opens a succession race as the ECB keeps rates at 2.5% and weighs another increase, officials said.
- On Thursday, European Central Bank President Christine Lagarde announced she will step down on February 7, 2027, nine months before her eight-year term ends, though the ECB provided no official reason for the early departure.
- Analysts suggest the early exit allows EU leaders to finalize her successor before France's presidential election in April-May 2027, securing a pro-European appointment while President Emmanuel Macron remains in office.
- European Council President Antonio Costa stated the appointment process will begin immediately, with former Dutch central bank governor Klaas Knot and former Bank of Spain governor Pablo Hernandez de Cos emerging as leading contenders.
- Leaders are expected to negotiate a package deal to fill three upcoming vacancies, including roles held by Philip Lane and Isabel Schnabel, before the December 17-18 summit.
- Market analysts anticipate policy continuity despite the leadership change, noting the ECB's established reputation remains robust as the Eurozone grapples with weak growth and persistent inflation risks.
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The President of the European Central Bank, Christine Lagarde, will leave office on 7 February 2027, almost nine months before the theoretical end of her term of office. This early resignation opens the way for her...
European Central Bank head resigns, allowing search for successor to begin before French election
European Central Bank President Christine Lagarde will resign nine months before her term ends. The ECB announced Thursday that Lagarde will leave on February 7. Her departure opens the way for European leaders to choose a successor ahead of France's…
The early exit in order to leave the Eurocrats the possibility to decide without the opposition of Marine Le Pen, favored to the French presidential election. The article Lagarde leaves the ECB in February 2027: from mortgages to green, all the damage of the French hawk comes from The Truth.
Christine Lagarde odlazi iz Europske središnje banke, objavio je ECB. Lagarde je, navodi se u priopćenju, obavijestila Upravni odbor i predsjednika Europskog vijeća Antónia Costu da će odstupiti s dužnosti 7. veljače 2027. To je devet mjeseci prije […] Objava Lagarde odlazi iz ECB-a. Može li je Vujčić naslijediti? Dana mu je ogromna uloga pojavila se prvi puta na Novi list.
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