About: Christine Lagarde

Economy & Jobs 08-05-2020

ECB will continue doing whatever is necessary to deliver on mandate, Lagarde says

European Central Bank chief Christine Lagarde has responded to a recent German court ruling that challenged the bank's authority by saying the ECB is an independent institution, accountable to the European Parliament, that will continue to do whatever it takes to deliver its mandate.
Economy & Jobs 05-05-2020

German court gives ultimatum to ECB on bond-buying programme

Germany’s central bank (Bundesbank) should suspend the implementation of the European Central Bank's critical bond-buying programme unless the ECB proves the proportionality of its monetary stimulus, aimed at shoring up the eurozone's economies, Germany's Constitutional Court ruled on Tuesday (5 May).
Economy & Jobs 30-04-2020

ECB ready to increase its coronavirus stimulus

The ECB is ready to increase its €750 billion bond-buying programme to cope with the fallout of the coronavirus pandemic, as the eurozone economy could fall by 12% this year, its president Christine Lagarde said on Thursday (30 April).
Economy & Jobs 08-04-2020

ECB eases bank funding rules in ‘unprecedented’ step

The European Central Bank on Tuesday (7 April) announced an "unprecedented" easing of collateral requirements in a bid to boost bank lending during the coronavirus crisis.
Coronavirus 19-03-2020

ECB unveils €750 billion stimulus against coronavirus

The European Central Bank unexpectedly announced just before midnight on Wednesday (18 March) that it would spend €750 billion in bond purchases to calm down sovereign debt markets, in the strongest signal in the euro area to date that it was ready to fight against the economic fallout of the coronavirus.
Economy & Jobs 13-03-2020

ECB approves more money, seeks strong fiscal stimulus versus coronavirus

The ECB decided on Thursday to inject more money into the real economy to combat the economic fallout of coronavirus. As markets continued to plunge, the bank's president Christine Lagarde stepped up pressure on member states to pass an “ambitious and collective” fiscal stimulus.

Parliament urges ECB to put climate at heart of strategy review

EU lawmakers have called on the European Central Bank (ECB) to put climate change at the centre of the bank’s review of its monetary policy strategy this year, endorsing the bank’s chief vision for “gradually eliminating” carbon assets. EURACTIV's media partner Climate Home News reports.
Economy & Jobs 06-02-2020

Why the ECB needs to look at helicopter money now

If Christine Lagarde is sincere in her conviction that the ECB’s strategic review should be open minded and “turn each and every stone”, she must persuade the Governing Council to open a discussion on helicopter money, argue Stanislas Jourdan and Eric Lonergan.
Economic governance 24-01-2020

IMF warns of the risk of central banks’ ‘cheap money’

The monetary stimulus has been one of the main engines of growth over the past years, but continuing with the supply of 'cheap money' could hurt low-income countries, fuel risky investments and affect savers, warned the IMF on Friday (24 January).

ECB’s Lagarde warns of ‘danger of doing nothing’ on climate

ECB chief Christine Lagarde on Thursday (23 January) said the bank would study what role it could play in combatting climate change as part of a major policy review, warning of "the danger of doing nothing".
Economy & Jobs 23-12-2019

ECB’s Knot says low rate policy risks becoming counterproductive

Interest rates in the eurozone could remain historically low for years, but the European Central Bank's (ECB) ultra-loose monetary policy risks becoming counterproductive, ECB governing council member Klaas Knot said in an interview published on Monday (23 December).
Economy & Jobs 13-12-2019

ECB to embark on soul-searching process in 2020 

The European Central Bank will next year review its tools and objectives in order to better fulfil its mandate of price stability, and it also intends to assess the appropriateness of issuing its own digital currency, in the face of growing concerns about Facebook’s Libra.
Economy & Jobs 09-12-2019

Inflation, climate, jargon: ECB launches major review

The European Central Bank's new president Christine Lagarde has announced that the Frankfurt-based institute will soon undertake a strategic review, its first since 2003.
Economy & Jobs 03-12-2019

ECB to review its mandate with ‘open mind’, Lagarde says

The European Central Bank (ECB) will embark on a strategic review of its mandate and instruments to achieve its inflation target of 2% with an “open mind”, its president Christine Lagarde said on Monday (2 December).
Future EU 02-12-2019

EU leaders mark a decade of Lisbon Treaty amid calls for reform

European Union leaders on Sunday (1 December) celebrated the 10th anniversary of the Lisbon Treaty, the union's legal cornerstone, amid calls to reform a bloc weakened over the past decade by economic and migration crises, rising euroscepticism and Brexit.
Economy & Jobs 29-10-2019

Draghi attempts to heal divided ECB in farewell speech

Departing ECB president Mario Draghi tried to restore unity among eurozone central bankers  in his farewell speech on Monday (28 October) but he continued to defend his recent controversial monetary decisions.
Economy & Jobs 28-10-2019

Ciao, Mario: ECB’s Draghi hands baton to Lagarde

ECB chief Mario Draghi bows out Monday (28 October), passing the baton to former IMF head Christine Lagarde whose first task will be to heal rifts among policymakers.
Global Europe 25-09-2019

Georgieva to be the first IMF chief from an emerging economy

Bulgarian economist Kristalina Georgieva is expected to be confirmed on Wednesday (25 September) as managing director of the International Monetary Fund, which would make her the first person from an emerging economy to head the global lender.

European Central Bank should ‘gradually eliminate’ carbon assets, Lagarde says

The European Central Bank should phase out climate-warming investments by preferring green bonds, Christine Lagarde said as she pitched to become the bank’s first female president. EURACTIV's media partner Climate Home News reports.
Economy & Jobs 04-09-2019

Lagarde pledges to continue with Draghi’s loose monetary stance

Christine Lagarde promised on Wednesday (4 September) to respond with “agility” to the looming financial and economic turbulences once she becomes the president of the European Central Bank in November, while confirming that the current loose monetary stance will continue for a “long period of time.”
Economy & Jobs 31-07-2019

Europe splits over IMF leadership

Divisions between the EU's geographical blocs are complicating the process of picking a European candidate to lead the International Monetary Fund (IMF), as the EU wants to agree on a nominee as soon as possible to retain the Fund’s chair.
Economy & Jobs 26-07-2019

Unconventional measures are seeing a comeback at the ECB

The ECB's key interest rate remains at zero and is expected to be at that rate at least until summer 2020. However, ECB chief Mario Draghi is suggesting that a decisive fiscal policy is far more important for the eurozone, especially for Germany and Italy. EURACTIV Germany reports.
Economy & Jobs 10-07-2019

Europe agrees to put forward one candidate for IMF chair

EU finance ministers unanimously decided on Tuesday (9 July) to present one single candidate to succeed Christine Lagarde as Managing Director of the International Monetary Fund.

EU top jobs leave big questions hanging on climate policy

Ursula von der Leyen has been nominated to lead the EU’s executive at a critical moment for climate policy, but she has no record on the issue. EURACTIV's media partner Climate Home News reports.
Contribute