Christine Lagarde to Step Down as European Central Bank President in February
Qiyas summary
Christine Lagarde announced her resignation before the end of her term, and the European Council will appoint her successor.
Translated by Qiyas from الراي — Original source
European Central Bank President Christine Lagarde announced that she will step down from her post on February 7, 2027, approximately nine months before the end of her term, which is scheduled for the end of October 2027, according to a statement from the institution on Thursday.
The statement clarified that Lagarde informed the ECB’s Governing Council and European Council President António Costa of her decision to leave her position in February. The European Council will appoint her successor in accordance with the procedures set out in the EU treaties.
