Battle for the ECB Begins Early: Europe’s Political Shift Accelerates the Succession Power Game
Isabel Schnabel’s early departure, Philip Lane’s term ending in May and uncertainty over exactly when Christine Lagarde will leave are creating a rare window for reshaping power at the European Central Bank. Paris, Berlin and Madrid are already positioning themselves, while political instability and the rise of radical and far-right parties across Europe add urgency to a succession battle that could determine the ECB’s direction for years.
