One Turn Open the globe →

Economy · Frankfurt, Germany ·

Lagarde to leave European Central Bank in February

Christine Lagarde will step down as ECB president in February, months before her term ends. Officials announced it Thursday. A race to find a successor has begun.

Why it matters

The next ECB head will steer interest rates for about 20 euro-area countries.

Background

The ECB is the euro area's central bank.

The story so far

  1. ECB's Lagarde to step down Feb. 7
  2. Lagarde to leave European Central Bank in February
  3. Two candidates in race for ECB presidency
  4. EU aims to pick new ECB chief by year-end
  5. France leans toward backing Spain's Hernández de Cos for ECB president

Follow the whole story →

Sources

This summary was written automatically from the reporting linked above; follow the sources for the full story. How One Turn works.

See it on the globe →All of Oct 30's stories

More on economy