'Switzerland does not set standards in Europe,' Christine Lagarde told MEPs on Monday afternoon.

Latest news bulletin | April 18th – Evening

Now playing Next

Latest news bulletin | April 18th – Evening

Hewlett Packard Enterprise's Matt Harris warns of the potentially disastrous impact of not managing our data

Now playing Next

Will using the cloud stop us achieving our green targets?

Watches and Wonders 2024: elite of watchmaking unveil their creations in Geneva

Now playing Next

Watches and Wonders 2024: elite of watchmaking unveil their creations in Geneva

Ursula von der Leyen was scheduled to deliver a speech at the European Defence and Security Summit when a man stood up to denounce her policy on Israel.

Now playing Next

'You are a criminal!' Heckler blasts von der Leyen's stance on Israel

Police officers clean the debris from an earthquake in Uwajima, Ehime prefecture, western Japan

Now playing Next

WATCH: Strong earthquake rattles western Japan

Bear seen in the wild

Now playing Next

WATCH: Two bears survive zoo fire in Crimea

Protesters wrapped in Ukrainian flags

Now playing Next

Prague Rally Urges NATO to Close Ukrainian Airspace

Mohammed Salem won the World Press Photo Award of the Year

Now playing Next

Poignant shot from Gaza wins World Press Photo of the Year 2024

Ilaria Salis seen shacked in court sparks anger on Italian streets

Now playing Next

Ilaria Salis nominated candidate in EU elections in bid for immunity

WATCH: Can Germany get back on track ahead of the Euros?

Now playing Next

Watch: Can Germany get back on track ahead of the Euros?

IN PARTNERSHIP WITH MEDIA CITY

Demonstrators at rally outside the parliament building in Tbilisi

Now playing Next

Georgia Protests Continue into Third Day Over "Foreign Influence" Law

Enrico Letta and Charles Michel at the European Council Summit, Brussels, 18 April 2024

Now playing Next

Faced with US and China, EU leaders call for competitiveness deal

Taylor Swift reveals lyrics to upcoming album via a Los Angeles art installation

Now playing Next

Taylor Swift reveals lyrics to new album via pop-up art installation

Updated: 28/03/2023 - 01:29

Video. ECB ready to preserve 'as necessary' the eurozone's stability: Lagarde

Christine Lagarde's comments come in the midst of persistent turmoil across Europe's banking sector.

Read full article

More from Economy

Containers are stored in a cargo terminal in Frankfurt, Germany, Thursday, March 21, 2024.

Now playing Next

Experts slash economic growth forecast for 'ailing' Germany

People listen to speeches near the European Commission headquarters, background, during a protest by European trade unions in Brussels, Friday, April 26, 2019.

Now playing Next

Prices and social inequality top issues for European elections: Poll

Containers are pictured in the small harbour in Frankfurt, Germany, Tuesday, Feb. 13, 2024.

Now playing Next

Could a 'Middle Corridor' trade route bypass the Red Sea?

European flags outside the European Commission

Now playing Next

EU growth prospects dim with inflation expected to further retreat

Latest video

Former Prime Minister of Italy Mario Draghi, during a ceremony at which he was awarded the 2023 Miriam Pozen Prize, Wednesday, June 7, 2023

Now playing Next

Italy's Mario Draghi calls for radical change in Europe

Passers-by walk past the Reichstag building in Berlin Friday, April 5, 2024.

Now playing Next

German police arrest two men for plotting sabotage on Russia's behalf

A huge billboard that shows Serbian soldiers and reads: "We serve Serbia!" displayed on the former Serbian army headquarters

Now playing Next

Final exercise to take place in Pester on the border with Kosovo

Iceland volcano

Now playing Next

WATCH: Northern Lights shine over an erupting volcano in Iceland

German far-right Alternative for Germany party politician Bjoern Hoecke, Halle, Germany, Thursday, April

Now playing Next

Prominent AfD figure stands trial for using Nazi slogan

Russian peacekeepers' vehicles are parked at a checkpoint on the road to Shusha in the separatist region of Nagorno-Karabakh, on Tuesday, Nov. 17, 2020

Now playing Next

Russia begins to withdraw its peacekeeper forces from Karabakh

G7 foreign ministers meet on the second day of a meeting on Capri island, Italy

Now playing Next

EU foreign policy chief warns Middle East 'on edge of regional war'

A view of the Swedish Parliament as lawmakers vote on the new gender identity law, in Stockholm, Wednesday, April 17, 2024.

Now playing Next

Sweden's parliament makes it easier for young people to change gender

Republican presidential candidate Donald Trump arrives with Poland's President Andrzej Duda at Trump Tower in New York, Wednesday, April 17, 2024.

Now playing Next

‘He’s my friend’: Trump welcomes Poland president in US

Demonstrator shouts during a rally outside the parliament building in Tbilisi, Georgia, on Thursday, April 18, 2024, to protest against "the Russian law"

Now playing Next

Controversial 'Russian law' passes first reading in Georgia

Germany has been a strong ally of Ukraine since the start of the Russian invasion.

Now playing Next

Ukraine: Germany arrests alleged Russian spies, US close to aid deal

FILE - Ukrainian air defense intercepts a Shahed drone mid-air in the third Russia aerial attack on the capital in the last 24 hours in Kyiv, Ukraine, on May 30, 2023.

Now playing Next

EU leaders under pressure to bolster Ukraine’s struggling air defences

Warship on the coast of the Red Sea

Now playing Next

Call for reinforcement of 'Aspides' operation guarding Red Sea vessels

Tune in to Euronews' Climate Now Live Debate on 24 April at 14.00 CEST.

Now playing Next

What’s the state of the European climate today?

IN PARTNERSHIP WITH COPERNICUS

Protesters hold banners during a rally in Athens, Greece, Wednesday, April 17, 2024.

Now playing Next

Protesting Greeks show their anger at unemployment and low wages

France's Valerie Hayer, head of France's presidential party Renew for the upcoming European Elections, delivers her speech Tuesday, March 12, 2024.

Now playing Next

Debate on the future of the Green pact reignites deep divisions