"I have decided to run in the European elections in 2024," Michel said.

"If I get elected, I will take my seat. The European Council can anticipate and name a successor by end-June, early-July."

Michel, 48, is a former Belgian prime minister and has served as chief of the EU Council, the group of government leaders of the 27 EU member states, since late 2019.

He will run as the top candidate for his Belgian center-right Movement Reformateur party, De Standaard said.

(Reporting by Bart Meijer; Editing by Leslie Adler and Daniel Wallis)