YouSaid · the spoken record

Christine Lagarde

lines on the record: 55
first: 2026-03-24
most recent: 2026-03-24
sittings or episodes: 1
sources: podcast

Every line below is reproduced as it was said and linked to the record it came from. Nothing here is summarised or generated. Directory · Search · Corrections

“My advice would be Life is beautiful, and you have to embrace it and you have to take risk, and you have to give and receive love as much as you can.”
2026-03-24 · In Good Company with Nicolai Tangen · Christine Lagarde: Central Bank Independence, Geopolitical Fragmentation and What It Takes to Lead the ECB · IDENTIFIED FROM THE TRANSCRIPT · source
“My grandchildren will be the first ones. My husband would be very upset that I say that, but he does receive a lot of it.”
2026-03-24 · In Good Company with Nicolai Tangen · Christine Lagarde: Central Bank Independence, Geopolitical Fragmentation and What It Takes to Lead the ECB · IDENTIFIED FROM THE TRANSCRIPT · source
“Love. For all those that I love. So a family circle is the people that I respect, that I cherish. It's what you, me, we can give to others that just Helps them to rise and to accomplish what they can accomplish. The love is a driving force”
2026-03-24 · In Good Company with Nicolai Tangen · Christine Lagarde: Central Bank Independence, Geopolitical Fragmentation and What It Takes to Lead the ECB · IDENTIFIED FROM THE TRANSCRIPT · source
“In a different environment. So it shapes you as a different person. It certainly shaped me as a different person with the capital of love that I cherished But a level of attention that disappeared.”
2026-03-24 · In Good Company with Nicolai Tangen · Christine Lagarde: Central Bank Independence, Geopolitical Fragmentation and What It Takes to Lead the ECB · IDENTIFIED FROM THE TRANSCRIPT · source
“It's a crucial time in anybody's life. I mean, your body is transforming, your social network is different. You suddenly are moving very close to adulthood and all the responsibilities that go with it. And to lose, I mean, for a girl to lose her father at that point in time, as I did was hard, was very unsettling. In many ways, at that point in my life, I was rescued by that year that I spent in the United States at the time when there was no cell phone, no emails, no fax machine. And in the scholarship that I received, where there was very little money available to stay in touch with the family. So you have to, you suffer a big loss and you have to sort of strengthen up and be a little bit yourself.”
2026-03-24 · In Good Company with Nicolai Tangen · Christine Lagarde: Central Bank Independence, Geopolitical Fragmentation and What It Takes to Lead the ECB · IDENTIFIED FROM THE TRANSCRIPT · source
“I think she's managing to keep 27 very sizable ego on the same plane and that is very hard. Because of that European construction where you have twenty seven leaders who are in charge of they constituencies, accountable to their constituents, have electoral timeline. And as a result of that, not because of who they are, but as a result of that, lose sight of the medium to longer term horizon more often than not. Not all of them, not all the time. But I think her job is to keep an eye on keeping that ship with everybody on board or as many as possible on board and looking at the destination and keeping the eye on the destination. That's hard.”
2026-03-24 · In Good Company with Nicolai Tangen · Christine Lagarde: Central Bank Independence, Geopolitical Fragmentation and What It Takes to Lead the ECB · IDENTIFIED FROM THE TRANSCRIPT · source
“But the first time it happened, my youngest son said to me, Only second, warn you first. And I thought, oh, bloody hell, this is not bad. And he said, well, now you know how it felt when we brought back a bee and you say, why not an A?”
2026-03-24 · In Good Company with Nicolai Tangen · Christine Lagarde: Central Bank Independence, Geopolitical Fragmentation and What It Takes to Lead the ECB · IDENTIFIED FROM THE TRANSCRIPT · source
“We were just talking about the digital euro. I just wish. Would move faster, and this is unfortunately not in our remit, it's external factors and external political rebalancing and balancing that are taking place outside our institution.”
2026-03-24 · In Good Company with Nicolai Tangen · Christine Lagarde: Central Bank Independence, Geopolitical Fragmentation and What It Takes to Lead the ECB · IDENTIFIED FROM THE TRANSCRIPT · source
“I have to sometimes refrain my frustration and my annoyance with things moving too slowly. Requires a big effort on myself.”
2026-03-24 · In Good Company with Nicolai Tangen · Christine Lagarde: Central Bank Independence, Geopolitical Fragmentation and What It Takes to Lead the ECB · IDENTIFIED FROM THE TRANSCRIPT · source
“I don't take personal pleasure out of I instruct, I order, I exercise power. This is not something that I find neither satisfying nor particularly productive, so I'm more of an inclusive person.”
2026-03-24 · In Good Company with Nicolai Tangen · Christine Lagarde: Central Bank Independence, Geopolitical Fragmentation and What It Takes to Lead the ECB · IDENTIFIED FROM THE TRANSCRIPT · source
“I believe in Listening In learning In working And ultimately in leading as a result. But am I an inclusive leader rather than a sort of I'm on the top of the hill follow my flag? I'm more of an inclusive leader.”
2026-03-24 · In Good Company with Nicolai Tangen · Christine Lagarde: Central Bank Independence, Geopolitical Fragmentation and What It Takes to Lead the ECB · IDENTIFIED FROM THE TRANSCRIPT · source
“I think quantum computing is going to be a significant enhancer of many of the work that we do in the digital world. And I think in particular the capacity to compute with a lower level of energy is going to be the result of quantum computing.”
2026-03-24 · In Good Company with Nicolai Tangen · Christine Lagarde: Central Bank Independence, Geopolitical Fragmentation and What It Takes to Lead the ECB · IDENTIFIED FROM THE TRANSCRIPT · source
“So if the financial agents, and in particular the traditional banking sector, can remedy that and the digital euro can be an instrument, then that element of business case goes. And the rest at the moment, if you look at the purpose that they serve, it's essentially to facilitate the transition between the crypto world to the fiat currency world. That's what stablecoins essentially do at the moment. Not sure that it's necessary. A single purpose that will be producing. Real outcomes and we see it in the numbers. If you look at the progression of stable coins, for instance, they have significantly increased up until last October, since last October, it's flat.”
2026-03-24 · In Good Company with Nicolai Tangen · Christine Lagarde: Central Bank Independence, Geopolitical Fragmentation and What It Takes to Lead the ECB · IDENTIFIED FROM THE TRANSCRIPT · source
“I'm not convinced of the business case of stablecoins, to be perfectly honest. However, I'm convinced it's not my area of expertise, but I'm just wondering. But I think that there is a market failure which stablecoins have identified, and that is the cross-border payments.”
2026-03-24 · In Good Company with Nicolai Tangen · Christine Lagarde: Central Bank Independence, Geopolitical Fragmentation and What It Takes to Lead the ECB · IDENTIFIED FROM THE TRANSCRIPT · source
“Talk to my children and my grandchildren, do they carry banknotes? They pay digitally? Yes so. Do I think that central bank money is critical in order to structure, organize and hold the financial system? Yes. So my conclusion from those two elements is we should have a central bank, a currency which is available in digital form. Added to which, I think that the rail guards on which digital currencies and digital assets travel is a public good and I think that we should be building it. Does that mean that only the digital euro travels on those rail guards? No.”
2026-03-24 · In Good Company with Nicolai Tangen · Christine Lagarde: Central Bank Independence, Geopolitical Fragmentation and What It Takes to Lead the ECB · IDENTIFIED FROM THE TRANSCRIPT · source
“Are we seeing the level of confidence slightly undermined by various factors? Probably so, but these things move over the course of time. And I see our job here at the European Central Bank as to defend the euro, to make sure that it's available, that liquidities are there to facilitate the invoicing and the recourse to euros in terms of crisis, which is why we recently changed the regime of our euro repo line in order to make it available on a much broader basis to national central banks around the world. And I think that our duty is also to make sure that our currency, the euro, is available in digital forms because the world is going digital and I don't see why a central bank currency would not also adopt the digital form.”
2026-03-24 · In Good Company with Nicolai Tangen · Christine Lagarde: Central Bank Independence, Geopolitical Fragmentation and What It Takes to Lead the ECB · IDENTIFIED FROM THE TRANSCRIPT · source
“It's currently a reserve currency. It has about 60% of central bank reserves. It's about 40% of international trade invoicing. And it is in times of high crisis, it is still a destination for capital flows. There's no doubt about that.”
2026-03-24 · In Good Company with Nicolai Tangen · Christine Lagarde: Central Bank Independence, Geopolitical Fragmentation and What It Takes to Lead the ECB · IDENTIFIED FROM THE TRANSCRIPT · source
“I had one, but I did not pay enough attention to that person Yes. And we should collectively have. Not the only one, by the way, so it's not consolation, and it doesn't. Doesn't eliminate the regret that I have to have felt completely bound by previous forward guidance. That's the regret that I have.”
2026-03-24 · In Good Company with Nicolai Tangen · Christine Lagarde: Central Bank Independence, Geopolitical Fragmentation and What It Takes to Lead the ECB · IDENTIFIED FROM THE TRANSCRIPT · source
“I think History and past Decision informs the analysis that we do, the decision making process that we will follow. And compared with that period of 22, for instance, I think we have better sensors and better analytical tools in order to really appreciate. How soon we have to decide, but there is a huge, huge uncertainty around and a volatility that is just, as I said earlier, I think unprecedented.”
2026-03-24 · In Good Company with Nicolai Tangen · Christine Lagarde: Central Bank Independence, Geopolitical Fragmentation and What It Takes to Lead the ECB · IDENTIFIED FROM THE TRANSCRIPT · source
“We shared with them the difficulties, the progress we had to make, the changes that had to take place and the reforms that we would have to take to Parliament. And of course it wasn't 100% of what we wanted to achieve, but it was 80% and it was 80% with the consent and the support of all forces in the nation. I think that's the only way to go. It requires Lot of changes, but I think it's necessary”
2026-03-24 · In Good Company with Nicolai Tangen · Christine Lagarde: Central Bank Independence, Geopolitical Fragmentation and What It Takes to Lead the ECB · IDENTIFIED FROM THE TRANSCRIPT · source
“I think given the history we have, those changes will happen if we can embrace everyone, if we include. And I always keep in my mind a conversation I had with one of the Baltic state prime ministers who went through an IMF program and that process went extremely well and changes took place. And I asked him, I said, what was the recipe and how do you Where do you attribute the success? Now, many prime ministers would have said, oh, it's me. You know, I did the job. He was modest enough to say one of the key reasons it happened so well in my country is because from the gate go we included the trade unions.”
2026-03-24 · In Good Company with Nicolai Tangen · Christine Lagarde: Central Bank Independence, Geopolitical Fragmentation and What It Takes to Lead the ECB · IDENTIFIED FROM THE TRANSCRIPT · source
“Now, will that be a force that sort of withhold development, productivity, progress, entrepreneurship? I hope not, but it will require some cultural changes because at the moment the concept of vested interest accrued rights delay for anything that is decided. That's an impediment to the changes that are necessary. But it has to be taken in the context of the entire labour market and the changes that will affect it.”
2026-03-24 · In Good Company with Nicolai Tangen · Christine Lagarde: Central Bank Independence, Geopolitical Fragmentation and What It Takes to Lead the ECB · IDENTIFIED FROM THE TRANSCRIPT · source
“The whole labour market is under the shock of demographic evolution, right? So working forces in most of Europe is Beginning to decline, which will require new forces. I think we've exhausted the women forces, although there might be some pockets of availability. We will be employing people for a longer period of their life. So I think we will have debates around pensions, about pension financing, about age of retirement, and we should face that. And we will have discussions which will be difficult about immigration because labor will probably be needed. And for those who hope that AI will substitute everything, I don't think so.”
2026-03-24 · In Good Company with Nicolai Tangen · Christine Lagarde: Central Bank Independence, Geopolitical Fragmentation and What It Takes to Lead the ECB · IDENTIFIED FROM THE TRANSCRIPT · source
“A lot of territorial aspects which are causing these changes that are necessary to happen slowly or to be delayed by what I call the gold plating that takes place at the national level. I'll give you an example. You decide Through a directive that, I don't know, Supervision of financial institutions will take place in such a way. The gold plating happens because each and every national authority in charge of supervision will say, yeah, we'll do that, but we will also add this and we will add another little ratio here, a little buffer there, and you end up with 27 different regimes. So, I think the objective that the European authorities hopefully will have is let's implement together with regulation. Regulation you cannot mess around. You apply the regulation.”
2026-03-24 · In Good Company with Nicolai Tangen · Christine Lagarde: Central Bank Independence, Geopolitical Fragmentation and What It Takes to Lead the ECB · IDENTIFIED FROM THE TRANSCRIPT · source
“I would first of all contend that some developments have taken place And it's not fast enough, it's not enough of it, but it is taking place. And there are simplification programs underway. There is a move towards capital markets union, which have been talking about for such a long time and which I'm beginning to see the developments of. Is it enough? Is it fast enough? No. Why is it difficult? Because of Europe. Because Europe is a club of 27 member states who in order to avoid the horrible wars that destroyed our continent decided to bring themselves together with the same objectives. But it is hard because each of them is sovereign, each of them has its territory, its defense, its voting. So you are talking about”
2026-03-24 · In Good Company with Nicolai Tangen · Christine Lagarde: Central Bank Independence, Geopolitical Fragmentation and What It Takes to Lead the ECB · IDENTIFIED FROM THE TRANSCRIPT · source
“That takes us back to the Greenspan days, right? I think what we're seeing around the world is going to possibly disrupt even that theory if the price of energy is reassessed because of the vulnerabilities that we have around shipping transportation and insurance, the limited push for renewable energies. I think the jury is out. Let's see. Situation is vastly different, and if you look at public debt, for instance, we're not in the same situation as in the Greenspan's days.”
2026-03-24 · In Good Company with Nicolai Tangen · Christine Lagarde: Central Bank Independence, Geopolitical Fragmentation and What It Takes to Lead the ECB · IDENTIFIED FROM THE TRANSCRIPT · source
“And it consumes masses of energy. Talking about one billion dollars at the moment, close to that. How will that impact prices? How will it be amortized depending on the business model and depending and we circle back to the beginning of our conversation? Fragmentation. Will fragmentation of the geopolitical world as we see it now, would that be conducive to the diffusion of AI and the leveraging of AI on a global basis which would be necessary for those new LLMs to produce new artificial intelligence tools so that they can be properly amortized over the course of a big scale of users?”
2026-03-24 · In Good Company with Nicolai Tangen · Christine Lagarde: Central Bank Independence, Geopolitical Fragmentation and What It Takes to Lead the ECB · IDENTIFIED FROM THE TRANSCRIPT · source
“I wouldn't say at this point in time. To the extent that it improves significantly productivity, it should. But what other factors do we need to take into account?”
2026-03-24 · In Good Company with Nicolai Tangen · Christine Lagarde: Central Bank Independence, Geopolitical Fragmentation and What It Takes to Lead the ECB · IDENTIFIED FROM THE TRANSCRIPT · source
“Hard to say because this AI Creation, diffusion, penetration is so much faster than anything we've seen before. When you compare electricity and AI. AI new iterations and changes come about in three weeks. Maybe I'm exaggerating. Let's say three months. But a diffusion probably a little more than that. Let's even assume that it's three years. Last, the first chat GPT was about three years ago. If you look at my organization here, everybody has one artificial intelligence agent that it used that he or she uses all the time. Not yet in a very sophisticated way for most, although in some segments, yes, very much so, three years. Electricity, the diffusion of electricity, 30 years. So, when do we see the productivity impact? How do we measure it? Probably a lot faster than what we think. How we do that? Under”
2026-03-24 · In Good Company with Nicolai Tangen · Christine Lagarde: Central Bank Independence, Geopolitical Fragmentation and What It Takes to Lead the ECB · IDENTIFIED FROM THE TRANSCRIPT · source
“Not in the pioneering phase, whether you look at chips manufacturing and sophistication, whether you look at accumulation of data, whether you look at the price of energy, I think the US has a very significant advantage. But the pioneering is one thing. The diffusion is another one. And when we look at the diffusion, even at SMEs levels, Europe is not lagging behind. Europe is actually a little bit ahead of the US in terms of penetration of AI in the manufacturing process, in the services elaboration. Europe is not lagging behind.”
2026-03-24 · In Good Company with Nicolai Tangen · Christine Lagarde: Central Bank Independence, Geopolitical Fragmentation and What It Takes to Lead the ECB · IDENTIFIED FROM THE TRANSCRIPT · source
“This is not a recent phenomenon. It goes back to I would say that we in Europe have missed the internet revolution. And when you trace back the evolution of productivity between Europe and the United States, it's pretty obvious that this is where it started diverging. But the U.S. continued to increase productivity, not at a very fast pace, but increased, whereas we remained stable and low. And we never caught up with that. The real question we need to ask ourselves now is, is the use of artificial intelligence not in a pioneer way as the US does because there is a very strong concentration of data, capital appetite, and probably expertise that is in some parts of the United States. But the real question for us is, will the diffusion and use of that? Help us move our productivity up. We're beginning to see some of that.”
2026-03-24 · In Good Company with Nicolai Tangen · Christine Lagarde: Central Bank Independence, Geopolitical Fragmentation and What It Takes to Lead the ECB · IDENTIFIED FROM THE TRANSCRIPT · source
“At the ECB, we are lucky because independence is engraved in the treaty And I cannot receive a call from any leader in Europe or from the President of the Commission asking me to do this or suggesting that I have not done enough of that or that I have done too much of this. Cannot do it, and they know that Rockies don't know, but they find out.”
2026-03-24 · In Good Company with Nicolai Tangen · Christine Lagarde: Central Bank Independence, Geopolitical Fragmentation and What It Takes to Lead the ECB · IDENTIFIED FROM THE TRANSCRIPT · source
“I don't want to interfere with US domestic policy and past judgment on The current state of affairs as far as the Fed is concerned. What I was concerned about was the way in which somebody whom many central bankers around the world regard as competent, independent, a beacon of integrity was being challenged. And we thought that, I thought personally, that we should give him all the support that he deserved. And I don't want to interfere with the political life of the United States, but this is how we perceive him, and this is how we value the independence of... Central banks, including the Fed, which is the largest in the world.”
2026-03-24 · In Good Company with Nicolai Tangen · Christine Lagarde: Central Bank Independence, Geopolitical Fragmentation and What It Takes to Lead the ECB · IDENTIFIED FROM THE TRANSCRIPT · source
“They think about two things the immediate effect in terms of the public opinion and they follow ship or their readership or their votership. And the next election That's the timing imperatives that they operate under. And there is nothing wrong with that. That's the way politicians operate. But if I tell a politician who says to me, we need to deliver some good for the public opinion because they are concerned about this or that. I cannot do that. And I shouldn't do that because this is going to impact in a year's time.”
2026-03-24 · In Good Company with Nicolai Tangen · Christine Lagarde: Central Bank Independence, Geopolitical Fragmentation and What It Takes to Lead the ECB · IDENTIFIED FROM THE TRANSCRIPT · source
“Inserting their own priorities, their own prejudice in what you have to deliver. Singleness of mandate. That's one. The second one is an issue of timing. Because when we decide on the monetary policy front, whether you hike, whether you cut, whether you hold, whether you think that you are at such a lower bound level that you have to use alternative tools, those decisions take time. It doesn't deliver immediately a result. It's a matter of six, nine, twelve, sometimes more months. Whereas political leaders, fiscal authorities have different timing imperatives.”
2026-03-24 · In Good Company with Nicolai Tangen · Christine Lagarde: Central Bank Independence, Geopolitical Fragmentation and What It Takes to Lead the ECB · IDENTIFIED FROM THE TRANSCRIPT · source
“For two reasons One We have a narrow mandate and we have to deliver on that mandate and we have to be accountable. But to do that we need the level of Independence is the best word to describe it. In other words, being exclusively focused on the mandate requires that you're not sort of Vulnerable and moved around and shaken by other imperatives that people have. So to singly focus on that, you're better off not having others.”
2026-03-24 · In Good Company with Nicolai Tangen · Christine Lagarde: Central Bank Independence, Geopolitical Fragmentation and What It Takes to Lead the ECB · IDENTIFIED FROM THE TRANSCRIPT · source
“Because that person is going to bring something different. You will see or she will see the world in a different way and we need to have that.”
2026-03-24 · In Good Company with Nicolai Tangen · Christine Lagarde: Central Bank Independence, Geopolitical Fragmentation and What It Takes to Lead the ECB · IDENTIFIED FROM THE TRANSCRIPT · source
“I think any profession is susceptible to that If you bring about a group of lawyers and you leave them amongst themselves, you bring banking law experts, they can talk at nauseum about a particular thing, but they will not see the ramification in terms of competition law, the impact on economic, the financial consequences of what they do. So I'm a very strong believer of the value of diversity of thinking, diversity of upbringing, diversity of background, diversity of gender. All my jobs I have always tried to have one outlier in the group. And it's difficult for the group. Because you bring somebody who is different colored, different gender, different background, different upbringing, different way of thinking, different way of talking. And this, I mean, the group resists.”
2026-03-24 · In Good Company with Nicolai Tangen · Christine Lagarde: Central Bank Independence, Geopolitical Fragmentation and What It Takes to Lead the ECB · IDENTIFIED FROM THE TRANSCRIPT · source
“I wouldn't say it's overrated. I tell you what I think is overrated. It's what I call the corridor thinking, the group think. When you put people having gone to the same schools, graduated from the same group of universities, having focused on the same issues, worked on the same models, Of them together. I think that is dangerous”
2026-03-24 · In Good Company with Nicolai Tangen · Christine Lagarde: Central Bank Independence, Geopolitical Fragmentation and What It Takes to Lead the ECB · IDENTIFIED FROM THE TRANSCRIPT · source
“The IMF gave me a very broad view of what is happening in the world and has exposed me together with the US as Minister of Finance to very talented economists. So you could argue, and I take this argument happily, that not having been an economist enough of my life, I'm vulnerable in my assessment and the decision making that I go through. And I would challenge that because I'm surrounded and I'm so privileged to be surrounded by extremely talented economists. Our full stripes and colours”
2026-03-24 · In Good Company with Nicolai Tangen · Christine Lagarde: Central Bank Independence, Geopolitical Fragmentation and What It Takes to Lead the ECB · IDENTIFIED FROM THE TRANSCRIPT · source
“The answer is yes Two reasons. I think having been a lawyer, has taught me how to listen. Taught me how to separate the key arguments from the vicinity, the signals from the noise translated in economic terms. And that is very helpful. Think being a lawyer has also taught me a little bit of humility because you're only as good as your last advocacy, your last pleading, and ultimately the magistrates will decide. I think having been a minister of trade, agriculture briefly financed for a longer period of time has also told me a bit about the intricacies and the trade-off in politics. And at the end of the day, things happen as a result of political development, leaders taking a view, making a move, deciding a new policy, understanding how that fabric works has been very helpful.”
2026-03-24 · In Good Company with Nicolai Tangen · Christine Lagarde: Central Bank Independence, Geopolitical Fragmentation and What It Takes to Lead the ECB · IDENTIFIED FROM THE TRANSCRIPT · source
“The geopolitical shocks is an external element that has ramification in our economies. The internal element such as demographics, for instance, such as the impact of artificial intelligence, such as the rise in productivity, such, you know, we have to take more and more factors into account in order to determine how we deliver on the mission. That is true, and it makes our life more complicated, and it requires a very strong focus and strong analytical skills in order to deliver.”
2026-03-24 · In Good Company with Nicolai Tangen · Christine Lagarde: Central Bank Independence, Geopolitical Fragmentation and What It Takes to Lead the ECB · IDENTIFIED FROM THE TRANSCRIPT · source
“Well, we are lucky that we are driven by a mandate. Which I regard as the mission of the ECB, which is price stability. That's our duty to the people of Europe. We have to make sure that prices remain stable and that people can decide to invest, to consume, to be employed. A landscape where prices are stable. That's the mission. And to deliver on that mission, we have to take into account all the developments that affect European economy and that has internal elements and external elements.”
2026-03-24 · In Good Company with Nicolai Tangen · Christine Lagarde: Central Bank Independence, Geopolitical Fragmentation and What It Takes to Lead the ECB · IDENTIFIED FROM THE TRANSCRIPT · source
“Economic development at entrepreneurial level that it facilitates, I think those are precious, precious principles that we have to secure. And if it requires reduced benefits in some areas, I think we should be prepared to consider that. If we have to referee and trade-off between military expenses because we want to secure that precious treasure that has been acquired over the course of time and generations. And if we have to have less of those social benefits of which cost accrues and increases as the demographic changes take place in Europe, aging society is less working population, I think we should face it and decide what we want collectively.”
2026-03-24 · In Good Company with Nicolai Tangen · Christine Lagarde: Central Bank Independence, Geopolitical Fragmentation and What It Takes to Lead the ECB · IDENTIFIED FROM THE TRANSCRIPT · source
“I think it's imperative for Europe and for the Europeans to appreciate value and vote for the value delivered by social democracies. Does that mean that the entire social benefits can be maintained as is with the same financing and the same benefits? That is to be assessed, determined, and possibly modified over the course of time, given the demographic challenge that we are facing. But the principles of democracy Independence, the freedom of speech, the individual rights.”
2026-03-24 · In Good Company with Nicolai Tangen · Christine Lagarde: Central Bank Independence, Geopolitical Fragmentation and What It Takes to Lead the ECB · IDENTIFIED FROM THE TRANSCRIPT · source
“I think that every economy, every individual, every corporate has elements of vulnerabilities and of being wrong. And Europe does not escape that particular... Judgment passing, if you will. But to bash the green transition, to bash the wind energy or the solar energy in the way it was done, I thought was just In the”
2026-03-24 · In Good Company with Nicolai Tangen · Christine Lagarde: Central Bank Independence, Geopolitical Fragmentation and What It Takes to Lead the ECB · IDENTIFIED FROM THE TRANSCRIPT · source
“You could see that. I'm very bad at covering up and having a poker face. What I thought was not acceptable is The fact that a US government representative without contradiction and without any kind of dialogue could at the end of a dinner which had the participation of many European leaders, including royalties and representatives of those countries, that he could just harong and bash Europe in the way he did. And I thought, okay, all opinions are welcome as long as there is a debate, but the way in which this came about was to me not acceptable.”
2026-03-24 · In Good Company with Nicolai Tangen · Christine Lagarde: Central Bank Independence, Geopolitical Fragmentation and What It Takes to Lead the ECB · IDENTIFIED FROM THE TRANSCRIPT · source
“In the short term, obviously every effort should be made in order to reopen the Strait of Hormuz and facilitate the passing of these 20-25% oil traffic that goes through that particular strait. I think there is, you know, Neither nor, but the focus on nuclear energy is also one that we will see developing faster in Europe as well”
2026-03-24 · In Good Company with Nicolai Tangen · Christine Lagarde: Central Bank Independence, Geopolitical Fragmentation and What It Takes to Lead the ECB · IDENTIFIED FROM THE TRANSCRIPT · source
“I think you have to distinguish between the short term and the long term. In the long term, it is in Europe's best interest to focus on that green transition that has been identified a few years ago by the European Commission and the European Council, which comprises all the leaders of Europe. It's actually fascinating to see how only a few weeks ago. This was almost put on the bag burner, as if it was not a priority. Clearly, what has happened in the Middle East is bringing this priority back to the front of the mind of leaders. And this green transition that would increase the volume of renewable energies versus the dependency on fossil energy is a long-term objective that has to be pursued and at an accelerated pace.”
2026-03-24 · In Good Company with Nicolai Tangen · Christine Lagarde: Central Bank Independence, Geopolitical Fragmentation and What It Takes to Lead the ECB · IDENTIFIED FROM THE TRANSCRIPT · source
“Increasing significantly, and we see a volatility that is unprecedented in the last few decades, where suddenly the price of oil can go up by 30% and go down by 30% in a matter of one day. So that's what the Middle East current war development is creating for the rest of us. Disruption in shipping, disruption in insurance cost, and obviously significant increases in the price of energy, which, as we know, is necessary for all economies and has ripple effects in a matter of months.”
2026-03-24 · In Good Company with Nicolai Tangen · Christine Lagarde: Central Bank Independence, Geopolitical Fragmentation and What It Takes to Lead the ECB · IDENTIFIED FROM THE TRANSCRIPT · source