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European Council President Costa says he has learned Lagarde intends to step down as ECB president in February 2027
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European Council President Antonio Costa said he has been informed that European Central Bank President Christine Lagarde intends to step down on February 7, 2027, and that he respects her decision. The statement, reported by tradealpha, confirms Lagarde's planned departure date but gives no further details on the reasons for the decision or on the process for choosing a successor. Costa's remark is an attributed acknowledgment of Lagarde's intention rather than an announcement of a formal resignation procedure. No additional comment from Lagarde or the ECB was included in the item.
Source report
European Council President Costa stated that he has been informed of European Central Bank President Christine Lagarde's intention to step down on February 7, 2027. He expressed respect for her decision.
Source
domesticNeutral / independent
Part of this Story
Lagarde to Step Down Early as ECB President on February 7, 2027