ECB President Lagarde steps down in order to speak out
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France 24
France 24
F
France 24
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European Central Bank President Christine Lagarde will step down several months early to gain greater freedom to speak on issues beyond monetary policy. Her resignation also opens a race to succeed her as Europe faces a turbulent fiscal future.
European Central Bank President Christine Lagarde will step down from her post several months early, in order to have more "freedom to engage on matters that are not monetary policy." The comments will fuel speculation about her future plans, ahead of a presidential election in her native France. The resignation also sparks a succession race, as Europe faces a turbulent fiscal future. Also in the show - oil giant TotalEnergies reports record profits as the EU warns on household energy bills.
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