Feb 20 • 07:50 UTC 🇬🇷 Greece Naftemporiki

Lagarde states that the 'main goal' is to complete her term at the ECB

Christine Lagarde has reaffirmed her commitment to complete her term as President of the European Central Bank, despite speculation about an early resignation.

Christine Lagarde, in an exclusive statement to the Wall Street Journal, clarified her intention to complete her mission as President of the European Central Bank (ECB) until the end of her term. This affirmation comes amidst rumors suggesting that she might resign early to allow the French government to have a say in her successor's selection before the upcoming presidential elections. In her interview, Lagarde emphasized that reflecting on her years in office, she believes significant achievements have been made, and her goal now is to solidify these gains rather than leave prematurely.

She stated, "We must consolidate what we have achieved and ensure that it is truly stable and reliable," reinforcing her stance that her current role is integral to the continuity and stability of the institution. Lagarde highlighted her responsibility for monetary and financial stability and underscored the protection of the euro, striving to maintain its strength and future relevance for Europe. Her comments indicate her resolve not only to complete her term but also to enhance the institution's effectiveness in the evolving economic landscape of Europe.

In addition to addressing her future, Lagarde refrained from commenting on recent reports in the Financial Times, suggesting that her focus remains on her duties and the commitments she made at the ECB. Her position reflects a strong determination to guide the eurozone through present challenges while reinforcing confidence in the Central Bank's leadership during a critical period for the European economy.

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