European Central Bank President Christine Lagarde speaks on a panel at the World Economic Forum in Davos, Switzerland.

Following is the text of European Central Bank President Christine Lagarde's statement after the bank's policy meeting on Thursday:

European Central Bank President Christine Lagarde discusses European competitiveness, tariff threats under Donald Trump's second presidency and monetary policy at the World Economic Forum in Davos.

Speaking at a press conference, ECB President Christine Lagarde suggested “liquid, secure and safe“ standards for central banks likely precluded Bitcoin as a reserve asset.

Speaking at the World Economic Forum in Davos, the ECB president said Europe "must act on the offensive and not just on the defensive, this is a wake-up call. "Strong confidence that inflation will fa

The World Economic Forum's annual gathering of elites in Davos has ended with many business leaders, world-class academics, top government officials and other elites casting an upbeat tone about economic prospects,

It’s become something of a cliché for delegates at the World Economic Forum’s annual meeting to quiz each other about “the mood in Davos”. The nearly 3,000 political leaders, executives, financiers, and policymakers who descended on the Swiss mountain resort last week offered differing answers to that theme.

Christine Lagarde said Europe needed to get better at keeping its talent and savings at home, adding that the new US administration’s decision to freeze some funding for former president Joe Biden’s Inflation Reduction Act might remove one of the incentives to invest in the US.

European Central Bank President Christine Lagarde warned that Europe needed to keep its “huge amount” of talent at home and raised the alarm for its leaders to act.

Catch up on Wednesday’s news, views and action from day three of the World Economic Forum in Davos, Switzerland.

Chief Adviser Professor Muhammad Yunus has sought the assistance of the European Central Bank president Christine Lagarde to recover

Europe must be prepared for US President Donald Trump to introduce new import tariffs on the region, European Central Bank President Christine Lagarde has warned. Speaking with CNBC at the World Economic Forum in Davos,