Christine Lagarde to resign as ECB president
Christine Lagarde will resign as European Central Bank president on Feb. 7, 2027. The EU aims to name her successor by year-end after nominations and candidate discussions.
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Christine Lagarde said on Oct. 30, 2026, that she will resign as European Central Bank president on Feb. 7, 2027, nine months before her term ends. European Council President Antonio Costa said the selection process would start without delay, letting EU leaders choose a successor before France's presidential election. Eurozone finance ministers were asked to send nominations by Nov. 6 and discuss candidates on Nov. 9. The EU now aims to name a new ECB chief by year-end, with Klaas Knot and Pablo Hernandez de Cos named as candidates.
Latest updates
3 updates · newest first- 9 NovNew development
EU aims to choose new ECB chief by year-end
The EU wants to name the next head of the European Central Bank by year-end after Christine Lagarde said she is stepping down nine months early. Eurogroup chief Kyriakos Pierrakakis said the process must move fast because two other Executive Board seats need filling. Candidates are Klaas Knot and Pablo Hernandez de Cos, with eurozone finance ministers to put forward a candidate before a European Parliament hearing and final decision by EU leaders.
DW ↗
- 3 NovNew development
Eurozone governments must name Lagarde successor by November 6
Eurozone finance ministers have been asked to send nominations by Friday, November 6, to replace European Central Bank President Christine Lagarde, who will leave by February 7, 2027. The Eurogroup said the EU Council has started the appointment procedure, and ministers will discuss candidates on November 9. Two other executive board seats will also need filling next year.
Politico Europe ↗
Euronews ↗
- 30 OctNew development
ECB head Lagarde to resign before French election
European Central Bank President Christine Lagarde will resign on Feb. 7, nine months before her term was due to end on Oct. 31, 2027. She said she wanted freedom from the political neutrality of the role, and European Council President Antonio Costa said the selection process would be initiated without delay. The move allows EU leaders to choose a successor before France's presidential election next year.
ABC News ↗