The courage to build a Europe that endures
· Christine Lagarde, President of the European Central Bank (Euro area (EU))
Summary written by Dark Majestic in its own words · topics: climate, energy and nature, growth, investment and productivity
CL · Christine Lagarde Wiki · European Central Bank WikiThe courage to build a Europe that enduresContextSpeech by Christine Lagarde at the dinner preceding the Charlemagne Prize ceremony in Aachen, Germany.
Why it mattersGiven on the eve of the Charlemagne Prize, the ECB President calls on leaders to act on the Draghi report now.
Problems raised- The US and China have entered an era of industrial strategy and rivalry.
- Europe faces its worst energy crisis on record.
- The single market, energy and capital markets remain fragmented.
Solutions proposed- Complete the single market.
- Integrate energy, capital markets and defence industries.
- Have European leaders act now, as the Draghi report urged.
Read full speech on ecb.europa.eu ↗More from Christine Lagarde · European Central Bank · all speeches
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