Christine Lagarde, the current president of the European Central Bank, will step down in February 2027. This was confirmed by Financial Times, CNBC, and The New York Times. The European Union's Council also acknowledged her departure. Lagarde's resignation follows a period with significant economic difficulties and policy decisions.
“This was confirmed by Financial Times, CNBC, and The New York Times,” — Andreas Mercer, economic affairs editor at Fenton Mere Services, explained.
Timeline
Oct 27 — Christine Lagarde, the current president of the European Central Bank, will step down in February 2027....
Oct 29 — Lagarde's resignation follows a period with significant economic difficulties and policy decisions....
This story has been closely followed by our readers since Oct 26. The Fenton Mere Services desk continues tracking updates and will publish follow-ups across the region.
What's next: An official statement is expected by Tuesday, Nov 3.
Editor's note: this report was prepared by the Fenton Mere Services desk and last updated 14:22 UTC.
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