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ECB's Lagarde signals no imminent exit as politics and central banks collide

ECB spokesperson confirms no decision on Lagarde’s early departure, amid speculation that timing could allow Macron and Merz to influence the next ECB president.

  • Earlier this week, reports suggested Christine Lagarde, President of the European Central Bank , may leave before her mandate ends, but the ECB said she has not made a decision.
  • With the Bank of France vacancy last week, Governor François Villeroy de Galhau's departure lets Emmanuel Macron and Friedrich Merz influence Lagarde's successor amid rising far-right polls.
  • Speculation centers on Klaas Knot and Pablo Hernández de Cos, with the Financial Times reporting Knot as a 'Goldilocks' candidate and de Cos praised for BIS leadership.
  • This development risks paralyzing EU appointment talks as analysts warn an early exit could embroil the ECB in politics and limit eurosceptic input ahead of next year’s election.
  • Lagarde frames her mission as price and financial stability, protecting the euro, while the successor to the ECB president must navigate new power structures shaping global finance.
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53 Articles

Lean Left

ECB boss Christine Lagarde leaves office. The race for succession is open. Minister of Finance Klingbeil wants a German at the top.

In the Wall Street Journal, the ECB's Head of the ECB is faced with allegations of resignation before October 2027.

·Zürich, Switzerland
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Lean Left

Christine Lagarde is staying. Or at least that’s still her intention for the moment. The president of the European Central Bank has stepped out of the debate about her possible early goodbye in an interview in The Wall Street Journal. In her, the French woman says that her goal is to finish her term, which ends in October 2027, when she will be eight years in charge of the institution. “When I look back all these years, I think we have achieved …

·Spain
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Lean Left

The President of the European Central Bank announces that he intends to make full use of his term of office by the autumn of 2027. Until then, Christine Lagarde wants to secure everything that has been achieved.

·Germany
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Euronews broke the news in France on Wednesday, February 18, 2026.
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