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Lagarde Signals Possible Early Exit From ECB to Shape French Presidential Debate

Christine Lagarde signals she may leave the European Central Bank before her term ends in October to engage in France's presidential debate, telling “Les Échos” that an early departure is "possible".She says she does not plan to run as a candidate but wants to bring a European perspective to the campaign and will "ask herself some questions" about supporting or intervening in the debate, a move that already prompts talks in Brussels and Frankfurt about succession at the ECB.The announcement intensifies pressure on Paris: the French government is pursuing at least €4B ($4.6B) in cuts to meet EU fiscal targets and Finance Minister Roland Lescure says budget approval should be kept separate from the electoral contest.
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