Christine Lagarde Believed ECB Term Was 5 Years, Not 8
Bloomberg Originals·2026-02-19 15:00

It was a challenge. It was Europe. I was always under the impression that it was a five-year term and I hadn't checked.So, having said yes to Mron and Merkel, I said, "Oh, okay. Well, I'll be in Frankfurt for five years." And at that point, Mron said no, for eight years. But it was too late. ...