ECB President Christine Lagarde to step down early, triggering succession race before French election
Christine Lagarde has said she will leave her post as president of the European Central Bank on 7 February, about nine months before the end of her eight-year term. The announcement opens a succession process at one of the eurozone's most important institutions and comes at a politically sensitive moment for the European Union. It also means EU leaders will need to move on a replacement before France's presidential election.Lagarde said in a filmed statement posted on X that she was leaving "with a sense of good work done and an ECB that is fit for the future." The timing... [Continue Reading]
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