Lagarde Succession Talks Urged as ECB Vacancies Loom

Spanish Economy Minister Carlos Cuerpo believes it's time to start discussing the future of the European Central Bank (ECB), particularly if President Christine Lagarde decides to step down early. Speaking to Bloomberg Television on Friday, September 18, 2026, Cuerpo emphasized that Lagarde's decision is hers alone, but discussions about her potential successor should begin. He pointed out that there are not just vacant spots at the top but also other positions available within the ECB.

Cuerpo stressed his support for Lagarde and stated that they will back her regardless of whether she chooses to complete her mandate or not. However, he sees the need for early discussions about the future leadership of the ECB as essential in ensuring a smooth transition.