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Artificial intelligence is boosting productivity in the euro zone but it is not yet causing a wave of layoffs due to greater automation of labour, European Central Bank President Christine Lagarde has claimed.
Testifying to the European Parliament’s Economic and Monetary Affairs committee this morning, Lagarde said:
“What we are seeing for the moment is that it’s increasing productivity. But we are not yet seeing consequences in terms of labour market and waves of redundancies that are feared, and that you know we will be extremely attentive going forward.”
“Our transformation continues with pace and intensity. We are consistently achieving outcomes that were not possible before our transformation. With our new capabilities and mindset, we have navigated challenges from supply chain to tariffs, and delivered a strong performance in 2025, all while we built the foundations for significant growth for years to come.”
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Rolling coverage of the latest economic and financial news
Artificial intelligence is boosting productivity in the euro zone but it is not yet causing a wave of layoffs due to greater automation of labour, European Central Bank President Christine Lagarde has claimed.
Testifying to the European Parliament’s Economic and Monetary Affairs committee this morning, Lagarde said:
“What... The story is categorized under Breaking News with a positive tone (score 0.11).
In Week 9 2026, Breaking News accounted for 25 related article(s), with UK Politics setting the broader headline context. Coverage of Breaking News decreased by 10 article(s) versus the prior week, but remained material in the weekly agenda.
Coverage Snapshot
Week 9 2026 included 25 Breaking News article(s). Leading outlets for this topic included Fox News, Independent, Guardian Business. Across that cluster, sentiment showed a positive skew (avg score 0.09).
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Tone & Sentiment
The article tone is classified as positive, driven by the language and emphasis in the summary. The sentiment score of 0.11 indicates the strength of that tone.
Context
This piece fits within the broader Breaking News narrative, connecting current events to ongoing developments. Readers tracking Breaking News trends can use this article as a concise signal of what is shaping coverage right now.
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In short, this article underscores key movement in Breaking News and explains why it matters now.