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CBU ratesUSD 12 004,02EUR 13 361,67RUB 148,80Thursday, 29 October 2026

European Central Bank President Christine Lagarde Announces Resignation

Lagarde will leave her post on 7 February 2027, and the European Council has already begun the procedure to select her successor.

29 Oct, 16:09

Wikimedia Commons · Grunpfnul

Lagarde has led the European Central Bank since November 2019. Her eight-year term was set to conclude on 31 October 2027.

The European Council will select her successor by a qualified majority vote of eurozone countries. Among the potential candidates mentioned were former heads of the central banks of the Netherlands and Spain, Klaas Knot and Pablo Hernández de Cos.

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