ECB President Lagarde faces criticism over extra salary and denies early exit plans

European Central Bank President Christine Lagarde is facing criticism for receiving an additional €140,000 salary from the Bank for International Settlements (BIS). This payment appears to violate ECB rules that ban staff from receiving extra pay for their official duties.

Lagarde has dismissed reports that she plans to leave her position early, telling the Wall Street Journal that her 'baseline' is to complete her term. She specifically denied plans to quit before the end of French President Emmanuel Macron's term.