In brief
Christine Lagarde, the current President of the European Central Bank, confirmed her resignation effective Feb. 7, 2027, in a brief statement released in Frankfurt and reported by Xinhua. The European Central Bank’s own press release also notes that she informed the Governing Council and European Council President António Costa of her decision. The move follows a tenure under which Lagarde has been described as a unifying force amid turbulent financial markets.
Christine Lagarde, the chief of the European Central Bank (ECB), announced that she will resign on February 7, 2027, in a brief statement released in Frankfurt, as reported by Xinhua on October 29, 2026.
The statement, issued by the ECB, confirms that Lagarde notified the Governing Council and European Council President António Costa of her intention to step down on the specified date.
Both the Xinhua report and the ECB press release agree on the resignation date and on Lagarde’s notification to the governing bodies of the eurozone.
Lagarde’s departure follows a tenure in which she has been described by agencies such as AFP as a unifying leader during turbulent times for the eurozone’s monetary policy.
