Von der Leyen thanks Lagarde for strengthening the euro
Ursula von der Leyen praised Christine Lagarde for her seven years as ECB President, highlighting her role in strengthening the EU's economic sovereignty and the euro's international standing. Lagarde will step down on February 7, 2027, and expressed pride in her service. Kyriakos Pierrakakis, President of the Eurogroup, acknowledged her contributions to eurozone stability during challenging economic times. The Eurogroup will quickly prepare recommendations for Lagarde's successor.