About: Christine Lagarde
Digital euro’s ‘moment of truth’ to come in April
The European Central Bank will decide in spring, most likely in April, whether to move ahead with the preparatory work to launch a digital euro, a complex project that would facilitate payments but could also shake the foundations of the financial system.
ECB considers not using €1.8 trillion pandemic stimulus in full
The ECB said on Thursday (21 January) that it would not use its €1,850 trillion pandemic bond-buying programme in full if governments and companies can be financed in favourable conditions, signalling a possible tightening of its monetary stimulus in the future.
ECB adopts third pandemic stimulus amid risks of double-dip recession
The European Central Bank increased on Thursday its monetary stimulus by €500 billion against the fallout of the pandemic measures as the risk of a double-dip recession in the euro area lingers and the uncertainty surrounding the recovery remains.
Can EU economies grow enough to repay the increasing debt?
The COVID pandemic is putting pressure on the sustainability of some European economies, prompting some to argue that economic growth and monetary support from the European Central Bank will not be sufficient and that public debt should be renegotiated.
Lagarde vows to act ‘with determination’ against second wave
European Central Bank President Christine Lagarde said on Thursday (19 November) that the institution will act "with determination” against the second wave of the pandemic, ahead of the new monetary stimulus she is expected to announce in December.
Lagarde warns against virus support ‘cliff edge’
European Central Bank president Christine Lagarde warned governments on Monday (12 October) against pulling pandemic support schemes too quickly as eurozone economies struggle to recover from the coronavirus crisis.
Lagarde hopes for EU-UK deal in spite of ‘negotiation posturing’
European Central Bank President Christine Lagarde voiced hope on Thursday (10 September) that EU-UK negotiations on a post-Brexit trade deal will lead to a positive outcome, in spite of the “negotiation posturing” seen in recent days.
ECB to sit tight as EU leaders shape virus recovery plan
European Central Bank governors are expected to refrain from doling out fresh stimulus medicine Thursday, hoping EU leaders will do their bit to shore up the crisis-hit region with a huge coronavirus recovery plan.
ECB’s Lagarde to pursue ‘every avenue’ to fight climate change
European Central Bank chief Christine Lagarde on Wednesday (8 July) said she would consider "every avenue available" to tackle climate change, signalling that the bank could use its massive stimulus scheme to target green bonds.
Lagarde warns of market turbulences if no quick adoption of recovery fund
European Central Bank President Christine Lagarde called on member states on Monday (8 June) to urgently adopt the EU recovery plan, saying any delay could create “negative spillovers” in the markets and increase the costs of overcoming the recession.
ECB doubles down on pandemic response after German ruling
The European Central Bank announced on Thursday (4 June) that it will add €600 billion to its €750 billion bond-buying response against the coronavirus, in its first governing council meeting after Germany’s Constitutional Court ruled against the bank's asset-purchasing programme.
ECB seen beefing up eurozone support as pandemic persists
Most analysts expect the European Central Bank on Thursday (4 June) to beef up its emergency bond-buying scheme with hundreds of billions of euros to weather the coronavirus pandemic, providing governments with the breathing space to decide their own response.
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.
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).
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).
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.
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.
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.
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.
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".
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).