Christine Lagarde to step down as ECB chief in February 2027

29.10.2026 12:01 HotInfo

European Central Bank (ECB) President Christine Lagarde will step down early from her position on February 7, 2027. Her mandate was originally set to last until October 2027. The ECB announced her decision on Thursday. novinky.cz ↗

Lagarde informed both the ECB Governing Council and European Council President António Costa of her intention. He publicly acknowledged her decision. The departure of the French economist comes after months of speculation about her future at the helm of the monetary institution. ANSA ↗

The ECB finds itself in a period of complex developments for the European economy and monetary policy alike. The early end of her mandate also opens up the question of selecting her successor. Among the possible candidates, according to media reports, are officials from the Netherlands and Spain. Welt ↗

Political developments in France may also have an influence on the decision. Lagarde will leave her position before the French presidential elections, which are expected to take place in 2027. She has not yet publicly specified the concrete reasons for her departure or her future activities. Tagesspiegel ↗

After her departure, the European Union will have to begin the process of filling one of the most significant economic positions in Europe. The new ECB leadership will take over responsibility for the eurozone's monetary policy at a time when there is also discussion about the future direction of the European economy. Tagesspiegel ↗

On Record

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António Costa Predseda Európskej rady

29.10.2026

„Sono stato informato da Christine Lagarde, Presidente della Banca Centrale Europea, della sua intenzione di dimettersi dal suo ruolo il 7 febbraio 2027. Riconosco rispettosamente la sua decisione"

Costa reagoval na oznámenie Lagardovej o odchode z funkcie.

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António Costa Predseda Európskej rady

21.06.2026