Christine Lagarde Believed ECB Term Was 5 Years, Not 8

European Central Bank President Christine Lagarde is expected to step down before completing her eight-year term in October 2027, according to the Financial Times. Last year, Lagarde told Francine Lacqua that she initially believed the role was a five-year term, but French President Emmanuel Macron told her it was eight. Watch the full episode of Leaders bit.ly/3Mfwess -------- Like this video? Subscribe: http://www.youtube.com/Bloomberg?sub_confirmation=1 Get unlimited access to Bloomberg.com for just $1.99 your first month: https://www.bloomberg.com/subscriptions?in_source=YoutubeOriginals Bloomberg Originals offers bold takes for curious minds on today’s biggest topics. Hosted by experts covering stories you haven’t seen and viewpoints you haven’t heard, you’ll discover cinematic, data-led shows that investigate the intersection of business and culture. Exploring every angle of climate change, technology, finance, sports and beyond, Bloomberg Originals is business as you’ve never seen it. Subscribe for business news, but not as you've known it: exclusive interviews, fascinating profiles, data-driven analysis, and the latest in tech innovation from around the world. Visit our partner channel Bloomberg News for global news and insight in an instant.