42 min

Christine Lagarde: The European Economy Is "on Crutches‪"‬ Aspen Ideas to Go

    • Philosophy

The world's largest economy is rebounding from the pandemic more slowly than other global powerhouses. The European Union's economy is "on crutches," and isn't yet ready to stand on its own, says Christine Lagarde, president of the European Central Bank, which serves the 19 EU countries that use the Euro. Now that Europeans are getting vaccinated and the pandemic's peak has likely passed, she predicts a robust economic rebound in the second half of 2021. She speaks with Carlyle Group co-founder and co-chair David Rubenstein about a range of issues including the pandemic, predictions for the eurozone, Brexit's impact on Europe, and sexism in the finance industry.

The world's largest economy is rebounding from the pandemic more slowly than other global powerhouses. The European Union's economy is "on crutches," and isn't yet ready to stand on its own, says Christine Lagarde, president of the European Central Bank, which serves the 19 EU countries that use the Euro. Now that Europeans are getting vaccinated and the pandemic's peak has likely passed, she predicts a robust economic rebound in the second half of 2021. She speaks with Carlyle Group co-founder and co-chair David Rubenstein about a range of issues including the pandemic, predictions for the eurozone, Brexit's impact on Europe, and sexism in the finance industry.

42 min

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