
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.

Unlike cash, a proposed ‘digital euro’ would create a permanent record of every transaction, purchase, and financial activity.

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.

After losing 25% of its economy to austerity policies, Greece has been suffering in poverty for a decade. Now, starting with a promising idea, the government in Athens aspires to rebuild the country.

Brussels’ scheme to use frozen Russian assets is faltering as the ECB rejects a backstop and key EU leaders push back.

When the next major fiscal crisis hits, Europe’s credit-challenged governments will pull down the banks with them. A crisis bigger than the one 15 years ago can no longer be ruled out.

Like a rudderless ship, France is sailing straight for the same cliffs that broke the Greek economy 15 years ago. Will President Macron meet his Waterloo in the hallowed hallways of the IMF?

Eurostat says inflation looks calm—but beneath the surface, a worrying split is emerging. Polarized inflation poses a serious challenge for the ECB and an increasingly hands-on Brussels.