Lagarde to leave European Central Bank on Feb. 7, 2027
European Central Bank President Christine Lagarde will step down on Feb. 7, 2027, about nine months before her eight-year term ends, and the search for a successor has begun.
Christine Lagarde will step down as president of the European Central Bank on Feb. 7, 2027, the ECB announced Thursday. Al Jazeera, the New York Times, Deutsche Welle, France 24 and the Guardian all report the early exit.
Her eight-year term was due to end in late October 2027, according to the Guardian. That makes her departure about nine months early.
Under EU treaty rules, the European Council appoints her successor, France 24 reports. Deutsche Welle reports that European Council President Antonio Costa has said the search is underway. The New York Times says the process will play out among European leaders.
The Guardian says Lagarde is seen as a candidate to take over the World Economic Forum. It also notes that her exit comes as the eurozone faces weak growth and inflation. No other outlet mentions either point.
Reported by
- The New York TimesChristine Lagarde to Step Down as Chief of European Central BankThu, Oct 29, 6:10 AM EDT
- France 24ECB President Christine Lagarde to step down in February 2027, nine months before term endsThu, Oct 29, 6:21 AM EDT
- Deutsche WelleECB head Christine Lagarde to step down in FebruaryThu, Oct 29, 6:33 AM EDT
- Deutsche WelleEuropean Central Bank (ECB) head Christine Lagarde to step down in February, before her term endsThu, Oct 29, 6:33 AM EDT
- The GuardianEurope’s central bank chief Christine Lagarde to step down nine months earlyThu, Oct 29, 6:56 AM EDT
- Al JazeeraEuropean Central Bank President Lagarde to step down earlyThu, Oct 29, 12:34 PM EDT
- France 24ECB President Lagarde steps down in order to speak outThu, Oct 29, 5:01 PM EDT
This story was written by AI using only the reports listed above, and published without a person reviewing it first. It is rewritten as new reports arrive. Read the original reporting for full detail. Spot an error? Tell us.
Earlier versions (3)
- Thu, Oct 29, 7:15 AM EDT, 4 outlets: Christine Lagarde to leave European Central Bank on Feb. 7, 2027
- Thu, Oct 29, 6:40 AM EDT, 3 outlets: European Council president says search for Lagarde's successor has begun
- Thu, Oct 29, 6:25 AM EDT, 2 outlets: Christine Lagarde to leave European Central Bank in February 2027