The president of the European Central Bank, Christine Lagarde, said she is “totally determined” to end His mandate after speculation about an early way out to direct the World Economic Forum in Switzerland.
“I’m sorry to tell them that they are not willing to leave me behind”Lagarde said to journalists on Thursday in Frankfurt when asked about a press report that said he had discussed a premature end of his presidency with the founder of the Wef, Klaus Schwab, in April.
Last week, The Financial Times summoned Schwab by stating that Lagarde had considered shortening his mandate to happen as president. The World Economic Forum, FEM, He is known for his annual Davos meeting in the Swiss Alps.
Previously, Bloomberg reported that the FEM had held internal conversations about a possible appointment of Lagarde, according to people familiar with the matter. Lagarde’s mandate ends in October 2027 and is not renewable.
After the Financial Times report, The ECB expressed its determination to continue in office until the end of its mandate, but has not flatly denied conversations. This raised the possibility that, at least, it would have contemplated a premature exit.
Lagarde had already resigned from charges before: She left her position as managing director of the International Monetary Fund in 2019 to assume her position at Frankfurt. At that time, he also publicly denied his interest in the position in the ECB.
Although his name is almost always mentioned that an important position arises in France, So far there were not many reasons to doubt that he would fulfill his mandate. This despite the many internal criticisms of their leadership.
In April, an IPSO union survey revealed that most respondents have little or no confidence in the ECB Executive Committee, especially in its president, in regards to personnel matters. This indicates that few advances have been achieved from a similar survey conducted in the mid -mandate of Lagarde, at the end of 2023.
