European Central Bank (ECB) chief Christine Lagarde advocated progress at the European Central Bank this Wednesday. centralized purchasing of strategic products –such as energy, certain minerals or other essential products – in the European Union, as a mechanism to help curb inflation and maintain economic growth. He also defended the purpose of creating source of money pensions, At European level, with strong investment capacity, as a tool to advance the strategic autonomy of the European Union.
Lagarde attended an important discussion table at the World Economic Forum, which celebrated its 51st anniversary in Davos this Wednesday. Under the slogan, among questions, ‘The European Union in a disorderly world?’, Dutch prime ministers, Mark Rutte; from Ireland, Michael Martin and from Slovakia, edward hegerBesides the President of the European Parliament, Roberta Metzola.
Sanchez’s precedent
As the guardian of price stability, Lagarde said, “When I see European leaders talking about common policies for the purchase of minerals and energy, I think it’s a great decision. We can take joint actions as we make our purchases.” He was honored as the President of the ECB. Lagarde didn’t mention a specific leader, but the truth is that the Spanish president, Pedro Sánchez turned down this offer he shared. Portugal, Italy, Greece, Belgium or RomaniaIt is one of the axes of the common energy policy that Spain wants for the European Union.
Lagarde argued that the European Union should take a more solid position in line with its position as the world’s main trade bloc and made comparisons with the European Union. practical football, He suggested that Europe cease to be a simple “playground” on which others play and form a “new team” that must “flex its muscles” to defend its interests by advancing in unity and concerted action. the pandemic and the Russian invasion of Ukraine.
“The war showed us how weak we are by playing so openly, but it also made us realize how strong we are if we stay united,” Lagarde said. build muscleEurope is an incredible power”, although the central banker admits that Europe sometimes scores (goals) on its own target by slowing down processes and looking at national targets rather than European targets.
Referring to Europe’s “formidable power” in many areas such as trade or technology, he added, “We are at a time when Europe can act as a formidable team of players, also as a referee.” referring to Japan in the sources, pension funds.
Source: Informacion
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