BCE

La presidenta del BCE insiste a los líderes europeos en la necesidad de responder a la epidemia de forma conjunta y sin complacencia

Los países acuerdan una orientación presupuestaria "ligeramente expansiva" y se muestran preparados a invertir si se materializan los "riesgos a la baja" para el crecimiento

New ECB president faces press for first time as investors watch for policy changes

Process will put her stamp on the central bank and seek to resolve recent divisions

Effects of trade war have moved beyond manufacturing and raised recession fears

Departing ECB president justifies more stimulus and says hawks have lost the political argument

Rejetant les tentations protectionnistes et convaincue que le multilatéralisme est la seule voie à suivre, elle appelle les dirigeants à dialoguer pour tenter de "résoudre les incertitudes qui entourent le monde"

The nod from EU lawmakers paves the way for Lagarde to take up the post with the European Central Bank in November. Once formally confirmed, she will be the ECB's first female president.

Global investors turned 3% underweight eurozone stocks this month compared with a 9% net overweight position in July. Dark clouds are gathering over the region, with the German GDP report raising the risk of recession for Europe’s largest economy.