💥BREAKING:

🇪🇺 President of the #European Central Bank, Christine Lagarde, is expected to resign before the end of her 8-year term - Financial Times.

According to the Financial Times, European Central Bank President Christine Lagarde is expected to step down before her eight-year term ends in October 2027.
The move would allow outgoing French President Emmanuel Macron and German Chancellor Friedrich Merz to influence the selection of her successor ahead of #France’s 2027 presidential election. No exact timing has been decided, per sources familiar with her thinking.
The ECB responded that Lagarde remains “totally focused on her mission” and “has not taken any decision” regarding her term’s end.
This development has sparked speculation about potential successors and its impact on eurozone policy.


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