The head of the IMF, Kristalina Georgieva, was speaking at a panel in Davos alongside ECB President, Christine Lagarde. View on euronews

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." "My advice to my fellow Europeans is more confidence.

After lowering key rates in December, the ECB is widely expected to announce another 25 basis points (bps) cut, taking the benchmark rate on deposit facility from 3% to 2.75%. It would be the fourth straight interest rates cut after trimming them in September, October and December 2024.

European Central Bank President Christine Lagarde said it’s improbable that any European Union country will choose to add Bitcoin to its monetary reserves.

European Central Bank President Christine Lagarde is giving a press conference following the bank’s latest monetary policy decision.

"Risk of a greater friction in global trade could weigh on Euro area growth." "Wages, profits, geopolitical tensions among upside risks to inflation." "Downside risks to inflation include low confidence, geopolitical stress." "Frictions in global trade would make inflation outlook more uncertain."

The World Economic Forum's annual gathering of elites in Davos has ended with many business leaders, world-class academics, top government officials and other elites casting an upbeat tone about economic prospects,

The Governing Council today decided to lower the three key ECB interest rates by 25 basis points. In particular, the decision to lower the deposit facility rate – the rate through which we steer the monetary policy stance – is based on our updated assessment of the inflation outlook,

European Central Bank President Christine Lagarde said Bulgaria is “well advanced” in the process of meeting the criteria for joining the euro.

European Central Bank President Christine Lagarde slapped down on Thursday a suggestion by her Czech colleague Ales Michl to include bitcoin among his country's official reserves.

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,

European Central Bank President Christine Lagarde warned that Europe needed to keep its “huge amount” of talent at home and raised the alarm for its leaders to act.