European Central Bank head resigns, allowing EU leaders to choose successor before French election
European Central Bank President Christine Lagarde will resign nine months before the end of her term, a move that opens the way for European leaders to choose a successor ahead of France's presidential election next year.
TL;DR
- Christine Lagarde will resign as President of the European Central Bank.
- Her resignation comes nine months before the end of her term.
- This allows European leaders to choose a successor.
- The successor will be chosen ahead of France's presidential election next year.