Christine Lagarde to Leave ECB Presidency in 2027
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Christine Lagarde is the president of the European Central Bank. The bank is called the ECB. Lagarde said she will leave her job. She will leave on 7 February 2027. She told people in a video on social media.
The ECB is a big bank for Europe. It helps control money for many countries. Lagarde is from France. She has led the ECB for some years.
France will have a big vote soon. This vote is called an election. People will choose a new leader for France. Marine Le Pen wants to be the next leader.
Lagarde's news is important for this vote. If she leaves early, Le Pen cannot choose the next ECB president. This gives other leaders more freedom to choose.
The news said Lagarde's leaving gives 'free hands' before the French vote. This means other people can decide without pressure from the election.
Vocabulary15 words
- president
- the main leader of a group or company
- European Central Bank
- a big bank that controls money for European countries
- election
- when people vote to choose a leader
- freedom
- being able to choose without pressure
- free hands
- able to decide without other people stopping you
- social media
- websites where people share videos and messages
- leader
- a person who controls a country or group
- vote
- choosing something, like a leader, by saying your choice
- resign
- to leave a job on purpose
- announce
- to tell people something important
- France
- a country in Europe
- next
- coming after this one
- important
- something that matters a lot
- choose
- to pick one thing from many
- job
- work that a person does
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Quiz
Answer key
1. Christine Lagarde 2. 7 February 2027 3. In a video on social media
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Fill-in-the-blank listening
Play the audio again and fill in the missing words as you listen.
Christine Lagarde is the _____ of the European Central Bank.
The bank is called the _____.
Lagarde said she will _____ her job.
She will leave on 7 _____ 2027.
She told people in a video on _____ media.
The ECB is a big bank for _____.
Lagarde is from _____.
France will have a big _____ soon.
Marine Le Pen wants to be the next _____.
If she leaves early, Le Pen cannot _____ the next ECB president.
This gives other leaders more _____ to choose.
The news said Lagarde's leaving gives 'free _____' before the French vote.
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