Lagarde calls for 'new European policy mix' and ECB strategic review
Christine Lagarde, the new European Central Bank president, on Friday called for a "new European policy mix" to drive the eurozone economy forward. She said the ECB will undertake a "strategic review" in the near future, and said monetary policy could achieve its goal faster with fewer side effects if other policies were supporting it.
Lagarde called for help from fiscal policy, not just at aggregate level but with a "more productive, more digital and greener" stance. Lagarde also called for completing the digital single market, the capital markets union and the single market in services. The euro EURUSD, -0.0181%, also impacted by new PMI data, rose to $1.1074 from $1.1061 on Thursday.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Colombia protesters hope to channel wave of discontentColombia's main union groups and student activists called for a strike to protest the economic policies of Colombian President Ivan Duque's government and a long list of grievances.
Baca lebih lajut »
France's finance minister says he's glad that Donald Trump isn't a member of the ECB's boardFrench Finance Minister Bruno Le Maire voiced his appreciation that ultra-dovish views, like those expressed by President Donald Trump, weren't currently being represented on the board of the ECB.
Baca lebih lajut »
European stocks seen cautiously higher as investors track trade and key euro zone dataEuropean stocks were seen slightly higher on Friday despite mixed signals over the status of U.S.-China trade discussions.
Baca lebih lajut »
Explainer: Why UK's refusal to name new commissioner is headache for EUThe European Union is due to relaunch its powerful executive arm under the new l...
Baca lebih lajut »