European Central Bank President Christine Lagarde said she does not exclude leaving a few months before her term officially expires in October 2027, though she said no specific departure has been announced and she will remain in office during 2027. Her comments revise earlier suggestions that she had ruled out an early exit altogether. Lagarde has also said it would not be a good idea to run in France's 2027 presidential election. She described France's public finances as perilous, with debt nearing 120% of gross domestic product, while saying Europe's financial system is more resilient than during the 2008 and 2011 crises.