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Lagarde to resign as ECB chief in February

European Central Bank President Christine Lagarde will resign on Feb. 7, about nine months before her eight-year term ends, the ECB announced Thursday. Yonhap reports the resignation gives European leaders, including French President Emmanuel Macron, a chance to pick a successor amid speculation she may take a role at the World Economic Forum. Maeil Business Newspaper calls it a mid-term departure, and Dong-A Ilbo notes she informed the ECB's policy council and EU Council President Antonio Costa.

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