ECB's Schnabel Could Quit Before Term Ends for IMF:Report

Sueddeutsche Zeitung

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According to a media report, the influential economist could leave the European Central Bank prematurely and move to the International Monetary Fund.

Frankfurter Allgemeine

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Isabel Schnabel had in the meantime been acted as a possible successor to ECB President Christine Lagarde. Now she seems to seek a position with the Monetary Fund instead.

Handelsblatt

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According to the Handelsblatt, the Germans could leave the European Central Bank before the end of their term of office, bringing a major transformation closer to the ECB's top.

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Isabel Schnabel, a German representative on the Executive Board of the European Central Bank (ECB), could leave this post in the coming months, before the end of her term of office at the end of 2027, to assume the responsibility of market manager at the International Monetary Fund (IMF), according to the German newspaper ‘Handelsblatt’. This new information points to an important and premature remodelling of the ECB’s leadership in view of the …