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WEF 2022: 'New dawn' for Europe as Russia-Ukraine conflict strengthens EU

World Economic Forum (WEF) 2022: ECB President Christine Lagarde said the Ukraine war has revealed how powerful Europe is collectively

Christine Lagarde, president of the European Central Bank (ECB), speaks during a news conference in Frankfurt, Germany. (Photo: Bloomberg)
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Christine Lagarde, president of the European Central Bank (ECB)

BS Web Team
A new European Union (EU) is emerging that is ready to adopt a more assertive role as a global economic and geopolitical force for good, the European leaders told participants at the World Economic Forum Annual Meeting 2022 on Wednesday.

On the panel at the session, European Unity in a Disordered World?, European Central Bank (ECB) President Christine Lagarde said the Ukraine war has revealed how powerful Europe is collectively.

The war on Ukraine has also revealed weaknesses – including global supply chain vulnerabilities and over-reliance on Russian energy, Lagarde said, but Europe is addressing this and can begin to