off-the-wire

ECB's Schnabel sees no need to leave her board seat early, Bloomberg News reports

Kitco Media
By Reuters
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Reuters
ECB's Schnabel sees no need to leave her board seat early, Bloomberg News reports teaser image

Feb 18 (Reuters) - European Central Bank board member Isabel Schnabel said she plans to stay on for the full duration of her eight-year term, which ends in 2027, Bloomberg News reported on Wednesday.

"I don't see the need to step down early," Schnabel told Bloomberg in an interview.

Her remarks come after ECB President Christine Lagarde plans to leave her job early, ahead of next year's French presidential election, as reported by FT earlier on Wednesday.

Reporting by Bipasha Dey in Bengaluru; Editing by Alex Richardson

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