Lagarde did not reveal plans to take part in elections in France
European Central Bank President Christine Lagarde, while in France at the Fête de la Pomme political event in the Norman commune of Épreville-en-Lieuvin, avoided directly answering a question about a possible participation in the presidential election and an early departure from the ECB.
Rumors about her political future
As Politico Europe reports, Lagarde was a special guest at the event organized by Normandy regional president Hervé Morin. From the stage, she advised journalists who had come to cover her possible return to politics not to expect any news.
Lagarde had stated that she would remain in office at least until the end of the year, but she had previously not ruled out resigning before the end of her term in October 2027. This week, she also announced that she would publish her first autobiography, Lady First, in January.
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The ECB chief joined the discussion surrounding the presidential campaign by speaking out against a proposal by far-left candidate Jean-Luc Mélenchon to write off public debt. Participants in Morin’s annual political gathering did not rule out that Lagarde could join the election campaign, but she herself did not confirm this.
Speech on the European market
In her speech, Lagarde did not comment on her own political prospects. Instead, she spoke about the benefits of EU membership, citing calvados — a Norman apple brandy whose exports are supported by the European Union’s trade policy and whose name is protected by geographical indications — as an example.
At the same time, the ECB president stressed that capital and services still face internal barriers between member states. She called for the creation of a genuine capital markets union capable of competing with the United States.
