ECB's Lagarde Keeps Door Open to Early Exit
Lagarde said succession talks are intensifying as Reuters reported France could back Klaas Knot in a deal for the ECB chief economist post.
- European Central Bank President Christine Lagarde today kept the door open to leaving her post early, replying "we'll see" when asked if she would remain until October 2027.
- Lagarde, who has been President of the ECB since November 2019, faces rumors of early resignation that have persisted throughout this year as she approaches turning 71 soon.
- In a September 12 interview, Lagarde noted the European Central Bank's task is maintaining price stability, highlighting inflation at 3.3%, which remains above the 2% medium-term target.
- Sources told Reuters that France could back Dutchman Klaas Knot for the ECB presidency as part of a bargain to secure a French candidate for chief economist.
- "Whatever the time, it will be handled in the most professional way as it should be," Lagarde added, addressing uncertainty over her departure timeline and successor.
49 Articles
49 Articles
Lagarde's ECB exit route clear, with 2027 deadline; no confirmation on date
Spanish Economy Minister Carlos Cuerpo said it's time to start discussing the ECB's future after Lagarde. "It is up to her to decide whether or not she finishes her mandate and we will be supporting her no matter what," he told Bloomberg Television on the sidelines of a meeting of finance ministers and central bankers in the Irish capital.
When asked whether that meant leaving in October of that year, she replied, "We'll see."
Spain calls for a “significant role” in the next governing body of the monetary institution
Christine Lagarde, President of the European Central Bank (ECB), will leave office in 2027. She reaffirmed on Friday on the Irish channel RTE Radio. However, she did not wish to clarify whether she would remain in office until October, when her term of office will end. ...
(Berlin=Yonhap News) Correspondent Kim Gye-yeon = European Central Bank (ECB) President Christine Lagarde (70), who is constantly rumored to resign early, said she "will step down in 2027"...
Reformatorisch Dagblad
Christine Lagarde, the president of the European Central Bank (ECB), is leaving open the possibility of stepping down early. Lagarde reiterated that she will leave as central bank president in 2027, but declined to say whether she will remain in office until her term expires in October of that year.
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