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Europe must deploy AI ‘intensively’, Lagarde says

ECB president warns shortage of high-technology skills threatens continent’s digital transition

Christine Lagarde
Christine Lagarde
IMF/Cliff Owen

European firms must embrace artificial intelligence “deeply” and “intensively’” if the continent is to accelerate its digital transformation, Christine Lagarde has said.

In a speech to the European Parliament’s economic and monetary affairs committee in Brussels on September 28, the European Central Bank president said AI would need to spread “beyond a small group of technology leaders”.

The ECB president pointed to findings from the central bank’s 2025 survey on access to finance for businesses

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