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ECB's role isn't funding military, says Lagarde amid EU spending shift

Business Standard LogoBusiness Standard5h ago

ECB's role isn't funding military, says Lagarde amid EU spending shift - Business Standard

Quick Summary:

That last announcement prompted the worst German bond market rout since 1990.

Our purpose, our mandate, is price stability.

German Chancellor-in-waiting Friedrich Merz pledged on Tuesday amend the constitution to expand military spending and do “whatever it takes” to ramp up defenses.

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ECB's role isn't funding military, says Lagarde amid EU spending shift - Business Standard (Picture 1)

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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-06 @ 23:36:47 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 440 words

Reading Time: 3 minutes read

Sentences: 14 lines

Sentence Length: 32 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 26702277

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About Business Standard

Business Standard Logo

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 331 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 5 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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The story "ECB's role isn't funding military, says Lagarde amid EU spending shift" has 440 words across 14 sentences, which will take approximately 2 - 4 minutes for the average person to read.

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The story "ECB's role isn't funding military, says Lagarde amid EU spending shift" was covered 5 hours ago by Business Standard, a news publisher based in India.

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Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news.

The outlet is headquartered in India and publishes an average of 331 news stories per day.

It's most recent story was published 5 hours ago.

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  • News ID: #26702277
  • URL: https://chronographically.beamstart.com/news/ecbs-role-isnt-funding-military-17412847497817

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