Panel remarks about the European economy during a discussion on the global economic outlook at the World Economic Forum
Panel remarks by Christine Lagarde, President of the ECB, at the International Business Council of the World Economic Forum Geneva, 19 August 2026 Europe’s post-war growth model rested on three mutually reinforcing pillars. Today, all three are weakening as the international environment changes. The first pillar was expanding global trade. Europe became one of the…