European Central BankAdministrativeEuro areaImportant

ECB President Lagarde to step down on 7 February 2027

Published Oct 29, 2026 18:00 Beijing

First read

ECB President Lagarde today informed the Governing Council and the President of the European Council that she will step down on 7 February 2027.

Her successor will be appointed by the European Council in accordance with the nomination procedure set out in Article 283 of the Treaty on the Functioning of the European Union.

The Governing Council expressed its gratitude to President Lagarde and gave her a long standing ovation.

Original

ECB President Lagarde to step down on 7 February 2027 ↗

ecb.europa.eu · official source

This page is Heron Atlas's first read of the official original: it restates the main points and quotes the numbers. The first read is model-generated and rule-checked, then machine-translated into English; it is not an editorial verdict. The official original prevails; this is not investment advice.