Europe must “be prepared” for potential trade tariffs from U.S. President Donald Trump, the president of the European Central Bank Christine Lagarde told CNBC at the World Economic Forum in Davos on Wednesday.

Christine Lagarde said Europe needed to get better at keeping its talent and savings at home, adding that the new US administration’s decision to freeze some funding for former president Joe Biden’s Inflation Reduction Act might remove one of the incentives to invest in the US.

World leaders and business titans at the World Economic Forum called out widespread pessimism, siloed markets, regulation, and cultural weakness in Europe.

The European Central Bank is "not overly concerned" by the impact of inflation abroad on the bloc, the institution's President Christine Lagarde told CNBC.

Europe must "be prepared" for potential trade tariffs from newly inaugurated U.S. President Donald Trump, the president of the European Central Bank told CNBC on Wednesday. After his inauguration, Trump told reporters that the EU has been "very,

The eurozone's largest economy, Germany, booked a second straight year of contraction in 2024, figures showed last week, while its second-largest, France, likely recorded anemic growth in the year's final months, economists estimate.

With the European economy lagging behind the United States, the head of the International Monetary Fund had a piece advice for the continent on Friday: "Believe in yourself."

U.S. President Donald Trump's aim to bring home manufacturing by increasing trade barriers is a questionable approach given that the economy is already running near capacity, European Central Bank President Christine Lagarde said on Wednesday.

The European Central Bank's president responded Friday to U.S. President Donald Trump's accusation of unfair trade treatment by the European Union by calling for negotiations and mutual respect rather than a focus purely on trans-Atlantic trade figures.

European lawmakers weighed in on what a second Trump presidency means for trade, alliances and climate change.

The U.S. economy grows steadily while Europe faces challenges. See why Trump's leadership benefits from America's economic strength amid Europe's struggles.

At the World Economic Forum, BlackRock CEO Larry Fink suggested renewed investment in Europe, emphasizing reduced pessimism and potential growth. Despite global economic challenges, Fink, IMF's Kristalina Georgieva,