Christine Lagarde said Europe needed to get better at keeping its talent and savings at home, adding that the new US administration’s decision to freeze some funding for former president Joe Biden’s Inflation Reduction Act might remove one of the incentives to invest in the US.
World leaders and business titans at the World Economic Forum called out widespread pessimism, siloed markets, regulation, and cultural weakness in Europe.
Europe must “be prepared” for potential trade tariffs from U.S. President Donald Trump, the president of the European Central Bank Christine Lagarde told CNBC at the World Economic Forum in Davos on Wednesday.
European Central Bank President Christine Lagarde warned that Europe needed to keep its "huge amount" of talent at home and raised the alarm for its leaders to act.
Speaking at the World Economic Forum in Davos, the ECB president said Europe "must act on the offensive and not just on the defensive, this is a wake-up call. "Strong confidence that inflation will fa
There is too much pessimism around Europe and it could be time to be investing back in the region, BlackRock CEO Larry Fink said at the World Economic Forum annual meeting on Friday.
In Europe, the working poor subsidize the nonworking poor. Meanwhile, the welfare state is destroying worker productivity and limiting economic growth.
BAKU, Azerbaijan, January 24. Christine Lagarde, President of the European Central Bank (ECB), expressed optimism about Europe’s economic prospects during the Global Economic Outlook panel at the World Economic Forum in Davos, Trend reports.
The European Central Bank is "not overly concerned" by the impact of inflation abroad on the bloc, the institution's President Christine Lagarde told CNBC.
President Trump took a hardline stance against an American CBDC—but now the European Central Bank is even more eager about a digital euro.
U.S. President Donald Trump's aim to bring home manufacturing by increasing trade barriers is a questionable approach given that the economy is already running near capacity, European Central Bank President Christine Lagarde said on Wednesday.
The eurozone's largest economy, Germany, booked a second straight year of contraction in 2024, figures showed last week, while its second-largest, France, likely recorded anemic growth in the year's final months, economists estimate.