ECB president Christine Lagarde to quit early to speak on world affairs
The Guardian reported that Christine Lagarde will leave her post as president of the European Central Bank nine months ahead of schedule.
The Guardian reported that Christine Lagarde will leave her post as president of the European Central Bank nine months ahead of schedule. Lagarde said she will step down in March rather than wait until October next year because the rules of neutrality that govern the role stop her from influencing debate about financial and economic affairs. She added that she wants to speak her mind about world affairs and confront the “misrepresentation of the truth”. The announcement ends months of speculation about her future at the ECB. By resigning early, Lagarde hopes to regain the freedom to comment publicly on global issues that she feels are being misrepresented.
Why it matters
Lagarde’s early exit could reshape the ECB’s leadership and allows her to publicly address financial and economic debates.
Key details
- Location
- United Kingdom · Europe
- Reported by
- The Guardian
- First reported
- Key names
- Christine Lagarde, World Economic Forum, ECB, Ending
- Section
- Business
Sources
This is an independent summary. Read the full, original reporting from the publisher:
Read the full story at The GuardianSpotted an error? Request a correction · How this summary was produced
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