Christine Lagarde to step down as ECB president on February 7, 2027


European Central Bank chief will leave nearly nine months before her term ends in October 2027, giving French President Emmanuel Macron a say in choosing her successor ahead of next year’s presidential election.

European Central Bank (ECB) President Christine Lagarde will step down on February 7, 2027, nearly nine months before the end of her term, the central bank said on Thursday, October 29.

The announcement ends months of speculation about Lagarde’s future and sets the stage for a major leadership change at one of Europe’s most influential economic institutions.

This is a developing story

  • Related Posts

    IndiGo Q2 loss narrows 27% to Rs 1,879 crore as revenue jumps 26%

    InterGlobe Aviation, IndiGo’s parent company, reported a narrower consolidated net loss for the September quarter of FY27, even as revenue rose 26% year-on-year. InterGlobe Aviation, the parent company of IndiGo,…

    Continue reading
    US midterm elections may trigger market volatility, but long-term outlook remains intact: Morgan Stanley

    Delayed election results and a close contest could unsettle markets in the short term, but inflation, economic growth and corporate earnings will remain the key drivers of performance, the investment…

    Continue reading