ECB’s Lagarde urges governments to boost public investment

Christine Lagarde has called on European governments to boost public investment and increase harmonisation in services, banking and capital markets to rebalance the region’s economy away from exports to domestic demand.

Giving her first big policy speech since replacing Mario Draghi as European Central Bank president on November 1, Ms Lagarde said Europe had a “moment of opportunity” to tackle the challenges presented by trade tensions and technological disruption.