The European Central Bank (ECB) has confirmed that Christine Lagarde has not yet made a decision about her departure as president. This follows reports from the Financial Times suggesting she could leave earlier than planned.
According to the Financial Times, Lagarde is considering giving up her position before the end of her term in October 2027. This may be related to the upcoming French elections in April, in which President Emmanuel Macron cannot run again.
The desire to handle Lagarde's succession quietly also seems to exist among EU governments. This would give Macron time and space to be involved in the choice of Lagarde's successor.
An ECB spokesperson stated that Lagarde is fully focused on her missions and has not made a decision regarding her term. The wording is less definitive than previous denials, leaving room for interpretation.
Earlier Speculation
Rumors of an early departure are not new. Last year, reports surfaced that Lagarde was considering leading the World Economic Forum. However, Lagarde then emphasized that she was determined to serve her full term.
Recently, the governor of the Bank of France, François Villeroy de Galhau, stepped down earlier, which is also seen in the context of strategic succession plans for the ECB. Last week, it was announced that the term of an ECB vice president was extended by one year.
Speculation
The combination of a possible victory by the far-right National Rally party of Marine Le Pen in the elections and Lagarde's early departure has led to speculation about a possible candidacy for Lagarde.
It is still unclear when Lagarde will announce her decision. EU member states may be interested in a quick succession if Lagarde does decide to leave, so there is enough time for a new appointment.