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Christine Lagarde

Christine Lagarde

President of the European Central Bank

Appears in 2 stories

Born: 1956 (age 70 years), 9th arrondissement, Paris, France
Spouse: Wilfried Lagarde (m. 1982–1992)
Previous offices: Minister of the Economy, Finance, and Industrial, Energy, and Digital Sovereignty of France (2007–2011), Minister of Agriculture, Agri-Food, and Food Sovereignty of France (2007–2007), Minister for Economic Affairs, Finance and Employment of France (2007–2011), and more
Children: Thomas Lagarde and Pierre-Henri Lagarde
Books: A New Multilateralism for the 21st Century
Education: Institut d'Etudes Politiques, Holton-Arms School, Paris Nanterre University, and more
TV shows: Angela Merkel - Im Lauf der Zeit, Conférence de presse de Christine Lagarde, and Entrevista Christine Lagarde

Notable Quotes

"The increase in energy prices will keep inflation well above two percent in the near term," Lagarde said in April.

The Governor of the Bulgarian National Bank will sit on the ECB's Governing Council, with the same say, the same vote and the same responsibility as every other member. The gains from euro adoption are substantial and translate into smoother trade, lower financing costs, and more stable prices.

With the arrival of 2026, we proudly welcome Bulgaria into the euro family. This is a historic moment that will strengthen trade, travel and financial stability across Europe. The euro is a powerful symbol of what Europe can achieve when we work together, and of the shared values and collective strength that we can leverage to confront the global geopolitical uncertainty that we face.

Stories

ECB raises rates for the first time since 2023

Rule Changes

Leading the ECB's turn from cutting to hiking

The European Central Bank cut interest rates for two years. On Thursday it reversed, raising its key deposit rate to 2.25% from 2.0%. It is the first hike since September 2023.

Updated Jun 11

Bulgaria adopts the euro after 19-year wait

Rule Changes

Welcomed Bulgaria as 21st eurozone member; presided over ECB expansion

Bulgaria became the 21st eurozone member on January 1, 2026, replacing the lev at a fixed rate of 1.95583 per euro. Euro banknotes and coins began circulating at midnight, ending nearly three decades under a currency board.

Updated May 19