ECB Chief Lagarde Warns of Stagnation in EU Capital Markets Union

In a candid address that struck a chord in financial circles, Christine Lagarde, the President of the European Central Bank (ECB), expressed deep concerns regarding the European Union's slow progress towards establishing a comprehensive capital markets union. During her speech at a recent conference, Lagarde emphasized that the current inertia within EU member states could significantly hinder economic growth and competitiveness across the region.

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