ECB President Lagarde plans to quit before Macron’s term ends FT reports

Citing a person familiar with the matter, the FT said Lagarde has not yet decided on the exact timing of her departure but was keen on Macron and German Chancellor Friedrich Merz to be the key deciders in who succeeds her. Macron cannot run again for a third term. “President Lagarde is totally focused on her mission and has not taken any decision regarding the end of her term,” an ECB spokesperson said. While it will be up to all leaders from the 21-nation euro zone to pick Lagarde’s successor, past practice suggests that any successful candidate must have both German and French support to clinch the role. There are no formal candidates for the job yet but several names have been floating among ECB circles as potential ECB presidents. 🔗 Leggi su Internazionale.it

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