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EconomyReported

Christine Lagarde Says Economic Growth "Is Not a Lost Cause" in Europe

In an interview with Ouest-France, the president of the European Central Bank calls on eurozone countries to take "vigorous and swift action" to improve their productivity.

· 1 min read · language: en
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— Le Monde — Une

Christine Lagarde, president of the European Central Bank (ECB), has stated that economic growth "is not a lost cause" in Europe, according to an interview with the newspaper Ouest-France and reported by Le Monde.

In her remarks, Christine Lagarde calls on eurozone countries to implement "vigorous and swift action" in order to improve the continent's productivity, though the details of the measures being considered were not specified in the available excerpts.

This statement comes at a time when questions about competitiveness and Europe's economic growth are regularly debated among the continent's institutional and economic leaders.

The ECB, which Christine Lagarde heads, is responsible for monetary policy in the eurozone and closely monitors growth and productivity indicators across member states.

The full content of the interview, as well as the concrete measures mentioned by the ECB president, have not been specified in the available information at this stage.

Sources

EGazette summarizes reporting from multiple sources; follow the links for the originals.

Also available in: FR

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