After Christine Lagarde’s departure, why France is at a disadvantage in retaining the ECB presidency
BREAKDOWN – Christine Lagarde’s exit on February 7, 2027 has already sharpened appetites. Many states hope to place one of their own at the helm. France is leaving with numerous handicaps.
Christine Lagarde at the head of the European Central Bank (ECB), it will soon be ancient history. The Frenchwoman announced this Thursday, October 29, that she would soon leave the Frankfurt institution. The date is set for February 7.
An early departure for Nicolas Sarkozy's former Minister of the Economy, whose mandate was initially due to end in October 2027. To be elected, her successor must officially collect a qualified majority of votes from the finance ministers of the euro zone. In fact, the election of a position so influential on European economic policy is the result of a long process, in which the balance of power and the strategy of the States play as much as the profile of the candidates.
A race in which France seems poorly embarked.
Machine-translated from French
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- Le Figaro29 Oct, 11:45
| Publisher Le Figaro (established tier) | +76 |
| Detailed summary | +2 |
| Total | 78 |
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