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Europe must end reliance on US technology - ECB President Christine Lagarde
The President of the European Central Bank added that she believes in particular that digital payments should be “under our control”.
“When you think of it at the moment, a lot of our digital payment - e-commerce or when you use your card or your phone - you always rely on non-European infrastructure,” she told The Pat Kenny Show. Ms Lagarde continued that while these firms work in compliance with EU regulations, she still believes Brussels should “make sure there is a European offer”. Ms Lagarde is visiting Ireland to accept the Sutherland Leadership Award from KPMG.
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