ECB spokesperson denies indiscretion of the Financial Times: Lagarde decided to finish the mandate | EUROtoday

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First the indiscretion, then the denial. According to the Financial Times, additionally taken up by the Reuters company, Christine Lagarde intends to depart the presidency of the ECB earlier than the tip of her task in 2027. Lagarde would goal on the helm of the World Economic Forum. The indiscretion comes from an interview with the British newspaper by Klaus Schwab, German economist, founder and former president of the Wef. According to the newspaper, Schwab reported that the speculation that Lagarde posses turning into the steerage of the WEF has been mentioned for years. Practical agreements would have already been ready – like an condo in Switzerland – in order that Lagarde may take the reins of the group. Schwab himself met the ECB president in Frankfurt in early April, “to discuss the leadership transition to the WEF with her while I would have been president until she was ready to take over, at the latest in early 2027”.

Later, nevertheless, a denial got here: a spokesman for the ECB mentioned that Christine Lagarde is decided to finish his eight -year -old mandate to the financial institution, “President Lagarde has always fully committed to completing his mission and is determined to complete his mandate,” mentioned the spokesperson.

The non -renewable mandate of Lagarde to the ECB will expire on October 31, 2027 Schwab rejects all of the accusations.