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EU Central Bank President Lagarde to Resign Before Term's End
Posted on 2026-10-30 13:21:14
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-th.

Her departure opens the way for European leaders to choose a successor ahead
of France's presidential election next year.

Lagarde's resignation is expected to lead to complex political negotiations
over her successor and replacements for two other top officials leaving next
year.

The ECB president leads the bank's governing council, which sets interest
rates for the 21 countries using the euro.

European Council President Antonio Costa said the selection process will
proceed without delay.EU

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