ECB President Lagarde Announces Retirement Effective 7 February 2027
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European Central Bank President Christine Lagarde has confirmed that she will step down on 7 February 2027, informing European Council President Charles Kost and the EU Council. The succession will follow the procedure set out in Article 283 of the Treaty on the Functioning of the European Union, with the European Commission nominating the successor. The announcement was made during a routine Governing Council meeting, where Lagarde’s retirement date was reaffirmed. The same meeting also approved the use of the T2 system by the Swedish and Danish central banks and updated related agreements, but these actions were unrelated to Lagarde’s departure.
Written with AI from the reporting · updated 10/30/2026
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- 1Unclassified fact stationOct 29, 18:25single sourcereport-time onlyrevised
ECB主席拉加德将于2027年2月7日卸任
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- 2Unclassified fact stationOct 30, 23:54single sourcereport-time onlyrevised
ECB理事会决定（除设定利率决议外）
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- European Central Bank NewsFirst-party sourceRelated fact: single sourceFact occurrence time unverifiedSource report revisedECB Governing Council Approves T2 Currency Participation Agreements and Issues Key Legal Opinions, While President Lagarde Announces Resignation
Report first recorded Oct 30, 23:54
On 29 October 2026, ECB President Christine Lagarde informed the Governing Council and European Council President António Costa that she will step down on 7 February 2027. The Governing Council also approved the T2 Currency Participation Agreement (CPA) for Sveriges Riksbank and an updated CPA for Danmarks Nationalbank, following a positive assessment by the Market Infrastructure Board. In addition, the Council adopted several legal opinions: CON/2026/30 on empowering a competent authority to ban management functions in credit institutions, CON/2026/31 on the governance structure and conflict‑of‑interest rules of the Central Bank of Cyprus, and CON/2026/32 on rights to use cash, access to cash, electronic payment means and free payment services. The Council also amended the Eurosystem accounting and financial reporting framework with Guideline ECB/2026/28, enhancing transparency of the consolidated annual balance sheet. Petra Senkovic was appointed Chair of the Legal Committee effective 1 November 2026.
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- European Central Bank NewsFirst-party sourceRelated fact: single sourceFact occurrence time unverifiedSource report revisedECB President Christine Lagarde Announces Resignation Effective 7 February 2027
Report first recorded Oct 29, 18:25
On 29 October 2026, Christine Lagarde informed the ECB Governing Council and European Council President António Costa that she will step down as ECB President on 7 February 2027. Her successor will be nominated and appointed by the European Council in accordance with Article 283 of the Treaty on the Functioning of the European Union. The Governing Council welcomed her announcement with a standing ovation. The ECB’s leadership transition will follow the established EU appointment procedure, with further details available on the European Council website.
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