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Christine Lagarde has been President of the European Central Bank since 2019 and former French Minister of the Economy. Her term at the ECB ends in October 2027. She is frequently mentioned as a possible candidate for international or national positions, including the presidency of the World Economic Forum in Davos.
Christine Lagarde has closed the door to running for the presidential election in France. In an interview published Wednesday by La Croix, the president of the European Central Bank (ECB) also clarified her intentions regarding the end of her mandate, scheduled for October 2027, and addressed the French economic situation.
Asked about a possible presidential ambition, the former Minister of the Economy believes that “it would not be a good idea at all. It’s not the same job.” At 70, she underlines the requirements of such a role: “There is first of all a question of vitality, energy, strength. There is also a sense of inevitable sacrifice in this type of commitment. »
Future president of the Davos Forum
Christine Lagarde also responded to speculation about a possible early departure from the ECB, as she is tipped to take the helm of the World Economic Forum in Davos. “I do not rule out leaving a few months before the end of my mandate but […] one thing is certain: I will still be here in 2027,” she assures.
The President of the ECB also opposed Jean-Luc Mélenchon's proposal to cancel part of the debt, a measure that she considers "contrary to European treaties", but also "technically hazardous and financially very dangerous". “If you decide not to repay part of your debt, why would investors continue to lend to you? », she asks.
A look at the state of public debt
On the economy, Christine Lagarde notes that the ECB forecasts “0.9% growth in the euro zone this year, compared to 0.5% for France”. She also points out the level of French debt: “When your debt is close to 120% of GDP without a trajectory allowing you to control its evolution, it is serious. »
Our file on the 2027 presidential election
AI outlook — possibilities, not facts
Christine Lagarde will remain president of the ECB until October 2027, unless she accepts the presidency of the Davos Forum a few months before.
Likely · Within months

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