Economics

Lagarde Calls for Government Help in First Major ECB Speech

  • President says Europe must overcome its self-doubt to thrive
  • Review of ECB strategy will be announced `in the near future'
Lagarde urged a new policy mix for Europe in her first major speech since becoming ECB president.Source: Bloomberg
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European Central Bank President Christine Lagarde called for a new policy mix, saying public investment should be stepped up to ease the burden on monetary stimulus and ensure the region can thrive in an uncertain world.