
ECB President Candidly Admits Europe Has Big Problems
Christine Lagarde is probably the first major European policymaker to speak openly about why the EU is falling behind globally. But her plan for fixing the problem falls way short.

Christine Lagarde is probably the first major European policymaker to speak openly about why the EU is falling behind globally. But her plan for fixing the problem falls way short.

France’s political calendar turns the European Central Bank succession into a strategic issue for the Franco-German axis.

Christine Lagarde’s total 2024 earnings reached approximately €726,000, around 56% above her official ECB salary of €466,000.

The central bank’s latest forecast cements Europe in a deadlock of stagnation, deterioration, and emerging economic despair.

Political uncertainty in France is causing concern in the euro zone’s financial sector.

While President Macron is busy trying to cling to power, the ECB is helping France down the path of economic self-destruction.

Although the central bank president makes some salient points, they do not add up to the really big reason why Europe keeps falling economically behind America.

As the economic elite comes to Washington for the IMF-World Bank meetings, they cry about Trump’s idea for trade tariffs. Frankly, they have no idea what they are talking about.

The prospect for lower interest rates in Europe is fading, but the reason has nothing to do with the European economy. The reason is found on the other side of the Atlantic Ocean.

ECB staff are revolting against attempts to “reprogramme” employees critical of green policies, with one bank executive under fire for his hardline approach.