The plenary of the European Parliament in Strasbourg in the last week of February hosted the speech of the President of the European Central Bank Christine Lagarde. The occasion was the presentation of the annual budget of the Frankfurt institute.
The political profile of the debate between economic leaders was marked in the previous week by the appeal launched by France with Minister Le Maire to act, even limiting only to the available countries, towards a union of the capital markets. A proposal commented positively by Lagarde which, even in the more political phase of her contribution in the parliamentary chamber , was characterized by the stimulus and encouragement to act with greater determination for European integration. "In the face of current economic and geopolitical challenges, policymakers must have the courage to take the further steps necessary to advance European integration. I count on this Parliament - and the next one - to lead the European action needed to strengthen the the euro area." the president said.
On the subject of monetary policy strategy, Lagarde underlined that “the ECB will continue to do its part, within its mandate. Let me reiterate our unwavering commitment to ensuring price stability.” On inflation he said it will fall further but more data is needed to be confident of a return to 2%.
staff @europolitiche.it
