When is Christine Lagarde's current term as ECB president scheduled to end?

Christine Lagarde's term as ECB president is scheduled to end in October 2027.

What is the reason for speculation about Christine Lagarde's early departure from the ECB?

Speculation arises from reports that she plans to stand down before the French elections next year, potentially impacting the succession process.

Who are considered the front-runners to succeed Christine Lagarde at the ECB?

Potential front-runners include Klaas Knot, Pablo Hernandez de Cos, Joachim Nagel, and Isabel Schnabel.

Home / Business and Economy / ECB Chief Lagarde May Exit Early Amid Election Fears

ECB Chief Lagarde May Exit Early Amid Election Fears

19 Feb

•

Summary

Christine Lagarde reportedly plans to leave the ECB before French elections next year.
Her current term as ECB president is set to conclude in October 2027.
Klaas Knot, Pablo Hernandez de Cos, Joachim Nagel, and Isabel Schnabel are top contenders.

ECB Chief Lagarde May Exit Early Amid Election Fears

Speculation surrounds the potential early departure of Christine Lagarde from her position as President of the European Central Bank (ECB). Her tenure is scheduled to end in October 2027, but reports suggest she may step down before the upcoming French elections. Such an exit could impact the selection process for her successor. The European establishment reportedly fears that a victory by the eurosceptic right might complicate the appointment. An early departure could allow French President Emmanuel Macron to oversee the selection, potentially in consultation with German Chancellor Friedrich Merz. However, the ECB has officially denied these plans, stating that President Lagarde is entirely focused on her duties and has not decided on the end of her term. Several prominent figures are being considered as potential successors. These include former Dutch central bank chief Klaas Knot, ex-Bank of Spain governor Pablo Hernandez de Cos, Bundesbank president Joachim Nagel, and ECB board member Isabel Schnabel.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.