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2026-02-26 18:08:11
[Lagarde Reassures, Expects to Complete Term Until 2027] ⑴ European Central Bank President Christine Lagarde on Thursday reiterated her stance, refuting speculation about an early departure and emphasizing that her "baseline scenario" remains completing her full term until October 2027. ⑵ In her speech to the European Parliament, Lagarde listed the digital euro project as one of her core missions during her term. She stated that achieving this goal, consolidating the dual objectives of price and financial stability, and building a robust digital euro covering online, offline, wholesale, and retail scenarios all require continued commitment until the end of her term. ⑶ Previously, media reports suggested that Lagarde planned to resign early to allow outgoing French President Macron to have a say in the appointment of his successor before next year's election. However, Lagarde addressed this speculation directly in her speech on Thursday, ruling it out of her plans. ⑷ It is worth noting that if Lagarde were to leave early following the unexpected resignation of the Bank of France governor, it could raise questions about the interference of unelected central bank officials in the democratic process. The European Central Bank has previously stated that the digital euro project is not expected to be ready until 2029, which echoes Lagarde's insistence on remaining in office until 2027, demonstrating her strategic intention to lay a solid foundation for the project.
