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ECB’s Lagarde Urges Europe to Cut Reliance on Energy Imports

Bloomberg Markets · May 5, 2026, 12:30 PM · Also reported by 1 other source

European Central Bank President Christine Lagarde said soaring energy costs due to the Iran war should act as a wake-up call for Europe to reduce its reliance on fossil fuels and energy imports.

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ECB’s Lagarde Urges Europe to Cut Reliance on Energy Imports

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