European Central Bank President Christine Lagarde looks on as she attends the European Parliament’s Committee on Economic and Monetary Affairs, at the European Parliament, in Brussels, Belgium September 25, 2023.
Yves Herman | Reuters
European Central Bank President Christine Lagarde on Friday said that Europe is now at a critical juncture, with deglobalization, demographics and decarbonization looming on the horizon.
“There are increasing signs that the global economy is fragmenting into competing blocs,” she said at the European Banking Congress.
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