Eurozone countries to nominate Lagarde replacement by Nov. 6

Eurozone governments must put forward candidates to replace outgoing European Central Bank President Christine Lagarde by November 6.

In a statement Tuesday, a spokesperson for the Eurogroup, the informal forum of eurozone finance ministers, said: “The Council of the EU has initiated the procedure for appointing a successor to the ECB President … Therefore, the President of the Eurogroup, Kyriakos Pierrakakis, has called on member states to send their nominations by Friday 6 November 2026."

Lagarde announced last week that she would leave her post by Feb 7, 2027, triggering a reshuffle at the top of the Frankfurt-based central bank.