{"id":417063,"date":"2025-01-24T13:36:36","date_gmt":"2025-01-24T12:36:36","guid":{"rendered":"https:\/\/www.eunews.it\/2025\/01\/24\/ottimismo-fiducia-bce-e-fmi-eurozona\/"},"modified":"2025-01-24T15:19:35","modified_gmt":"2025-01-24T14:19:35","slug":"optimism-and-confidence-ecb-and-imf-urge-eurozone-to-invest-in-itself","status":"publish","type":"post","link":"https:\/\/www.eunews.it\/en\/2025\/01\/24\/optimism-and-confidence-ecb-and-imf-urge-eurozone-to-invest-in-itself\/","title":{"rendered":"“Optimism” and “confidence:” ECB and IMF urge eurozone to invest in itself"},"content":{"rendered":"

Brussels – One should not be afraid: the present and especially the future should be approached with “optimism.” That is the word that the President of the European Central Bank, Christine Lagarde,<\/strong> uses in summarizing the way forward. She explains to the\u00a0World Economic Forum<\/a>\u00a0audience in Davos that we should not\u00a0live with the worry of what will happen, . “What are we good at in the EU?” she asks and wonders. “In having a deficit at 3 percent, in not having high debt levels, in having inflation at 2.4 percent and that we expect to fall.” Not only that, “When I see the eurozone, I see a lot of savings and a lot of talent.”<\/p>\n

The best response also\u00a0to the challenges coming from US President Donald Trump<\/a> is “optimism.” Lagarde does not deny that amid geopolitical tensions and potentially adverse\u00a0economic conditions, “what happens outside the eurozone is a challenge. However, it is also an opportunity.” Of course, there will be work to do because, she acknowledges, “the EU does not function as a true single market. However,\u00a0the EU is not a myth.\u00a0It is an opportunity for transformation<\/strong>.” There are, around the EU and its eurozone, “existential threats,” but there are tools and fundamentals to “respond to the warning signs.”<\/p>\n

However, the European project needs more conviction and self-confidence. In this regard, the Managing Director of the International Monetary Fund, Kristalina Georgieva<\/strong>, tries to play the role of a motivator: “The United States has a culture of\u00a0confidence, Europeans has a culture of\u00a0modesty<\/strong>. My message to the Europeans is: more confidence.”<\/p>\n

The Fund director’s invitation is not just circumstantial. She recalls that in the past, when faced\u00a0situations of high inflation,\u00a0the response would “require interest rates to go up and the response would be that inflation did go down but at the price of recession.” This time, however, the situation is different. “This time we have growth<\/strong>,” Georgieva stressed. It may not be robust growth, but it is there. It is also thanks to the answers the eurozone has been able to give itself after the euro crisis. “The difference from other times is that there is policy coordination<\/strong>.” For the EU and the\u00a0eurozone, it means the stability pact, the fiscal compact, and the European semester, the cycle of coordination of member states’ economic policies. Georgieva urges to\u00a0move forward in this regard.<\/p>\n","protected":false},"excerpt":{"rendered":"

Christine Lagarde and Kristalina Georgieva urge Europe to look at its strengths and leverage on those. “There are existential challenges, and the tools to respond to them.”<\/p>\n","protected":false},"author":494,"featured_media":417046,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"episode_type":"","audio_file":"","podmotor_file_id":"","podmotor_episode_id":"","cover_image":"","cover_image_id":"","duration":"","filesize":"","filesize_raw":"","date_recorded":"","explicit":"","block":"","jnews-multi-image_gallery":[],"jnews_single_post":{"format":"standard","override":[{"template":"1","parallax":"1","fullscreen":"1","layout":"right-sidebar","sidebar":"default-sidebar","second_sidebar":"default-sidebar","sticky_sidebar":"1","share_position":"top","share_float_style":"share-monocrhome","show_featured":"1","show_post_meta":"1","show_post_author":"1","show_post_author_image":"1","show_post_date":"1","post_date_format":"default","post_date_format_custom":"Y\/m\/d","show_post_category":"1","show_post_reading_time":"0","post_reading_time_wpm":"300","post_calculate_word_method":"str_word_count","show_zoom_button":"0","zoom_button_out_step":"2","zoom_button_in_step":"3","show_post_tag":"1","show_prev_next_post":"1","show_popup_post":"1","number_popup_post":"1","show_author_box":"0","show_post_related":"1","show_inline_post_related":"0"}],"image_override":[{"single_post_thumbnail_size":"crop-500","single_post_gallery_size":"crop-500"}],"trending_post_position":"meta","trending_post_label":"Trending","sponsored_post_label":"Sponsored by","disable_ad":"0","subtitle":""},"jnews_primary_category":[],"jnews_override_counter":{"view_counter_number":"0","share_counter_number":"0","like_counter_number":"0","dislike_counter_number":"0"},"footnotes":""},"categories":[25705,25727],"tags":[26411,26152,28794,25828,30264,26107,30263,26457],"class_list":["post-417063","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-in-the-spotlight","tag-christine-lagarde-en","tag-ecb-en-2","tag-eurozone-en","tag-imf-en","tag-inflation-en","tag-kristalina-georgieva-and","tag-world-economic-forum-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts\/417063","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/users\/494"}],"replies":[{"embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/comments?post=417063"}],"version-history":[{"count":4,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts\/417063\/revisions"}],"predecessor-version":[{"id":417096,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts\/417063\/revisions\/417096"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/media\/417046"}],"wp:attachment":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/media?parent=417063"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/categories?post=417063"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/tags?post=417063"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}