{"id":308936,"date":"2026-10-29T14:59:13","date_gmt":"2026-10-29T10:59:13","guid":{"rendered":"https:\/\/abcmedia.am\/?p=308936"},"modified":"2026-10-29T15:00:23","modified_gmt":"2026-10-29T11:00:23","slug":"christine-lagarde-to-step-down-as-ecb-president-in-february","status":"publish","type":"post","link":"https:\/\/abcmedia.am\/en\/news\/308936\/","title":{"rendered":"Christine Lagarde to step down as ECB president in February"},"content":{"rendered":"<!DOCTYPE html PUBLIC \"-\/\/W3C\/\/DTD HTML 4.0 Transitional\/\/EN\" \"http:\/\/www.w3.org\/TR\/REC-html40\/loose.dtd\">\n<html><body><p>Christine Lagarde said she will step down as president of the European Central Bank on Feb. 7, ending months of speculation about her future and creating a vacancy at the top of one of Europe&rsquo;s most powerful institutions, <a href=\"https:\/\/www.politico.eu\/article\/ecb-president-lagarde-to-step-down-in-february\/\" target=\"_blank\" rel=\"noopener\">Politico<\/a> reports.<\/p>\n<p>&ldquo;It has been a source of great pride to serve this institution&#8228; I thank all of those who have supported me on this journey over the past seven years,&rdquo; Lagarde said&#8228;<\/p>\n<p>The ECB gave no immediate details about her plans after leaving.<\/p>\n<p>The announcement clears the way for a package deal among EU capitals over appointments to the ECB&rsquo;s six-member Executive Board.<\/p>\n<p>Isabel Schnabel is due to leave in January to take a senior role at the International Monetary Fund, while chief economist Philip Lane&rsquo;s term ends in May.<\/p>\n<p>It also gives French President Emmanuel Macron a say in choosing Lagarde&rsquo;s successor before France&rsquo;s presidential election next year.<\/p>\n<p>&ldquo;To ensure a smooth transition to the next leadership of the ECB, the process for the appointment of her successor will be initiated today and will proceed without delay,&rdquo; said European Council President Ant&oacute;nio Costa, as he thanked Lagarde for her &ldquo;dedication&rdquo; and leadership.<\/p>\n<\/body><\/html>\n","protected":false},"excerpt":{"rendered":"<p>Christine Lagarde said she will step down as president of the European Central Bank on Feb. 7, ending months of speculation about her future and creating a vacancy at the top of one of Europe&rsquo;s most powerful institutions, Politico reports. &ldquo;It has been a source of great pride to serve this institution&#8228; I thank all [&hellip;]<\/p>\n","protected":false},"author":18,"featured_media":308932,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[2,35,43],"tags":[],"class_list":["post-308936","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-politics","category-world"],"acf":[],"_links":{"self":[{"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/posts\/308936","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/users\/18"}],"replies":[{"embeddable":true,"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/comments?post=308936"}],"version-history":[{"count":1,"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/posts\/308936\/revisions"}],"predecessor-version":[{"id":308937,"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/posts\/308936\/revisions\/308937"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/media\/308932"}],"wp:attachment":[{"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/media?parent=308936"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/categories?post=308936"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/tags?post=308936"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}