Transition at the ECB after Lagarde steps aside
Its balance is favourable because it leaves a more solid bank, prepared for future tensions in the euro zone.
Christine Lagarde will leave the European Central Bank in February, she announced. This decision ends months of speculation and starts the succession process. The move is part of a series of changes that began with the departure of the Governor of the Bank of France in February. The changes involve the renewal of the three most important positions on the bank's six-person executive committee.
Written by urgent.news from El Pais Economia's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
