European Central Bank President Christine Lagarde on Wednesday said that the countries of Europe needed to join forces financially to meet the costly challenges it faces. During a panel discussion at the London School of Economics, Lagarde, observing that she was merely stating "a common position that has been adopted by the Governing Council of the European Central Bank," called for a "common endeavor" at the level of Europe to shoulder "the significant challenges and massive investment needs that we have in Europe, meaning defense, the green transition and now artificial intelligence ... which are north of €1 ... (full story)