The Davos forum closes. Lagarde to European leaders "Act together"

The spotlights on the WEF annual meeting in Switzerland, we are now looking at the Saudi Arabia which will host the important economic appointment starting from the spring of 2026. The Kingdom has in fact announced a partnership with the WEF to organize a forum on “regular” base, in addition to the “desert Davos” which was held in recent years and was organized by the heir to the throne, Prince Mohammed Bin Salman Bin Salman to attract investments.

And in fact two imposing buildings called “Saudi House” and “Saudi at Davos” were among the best locations of the elegant and expensive “promenade” in Davos, the avenue that leads to the city congress center, demonstrating the growing presence of Ryad at the main international events. Donald Trump, although not physically present, and the new course of the United States were the main topic of this year’s forum, which ended today.

The meeting that brought together 3,000 between managers, political and institutional leaders and managers all over the world, was held simultaneously with his settlement in the White House. Yesterday the intervention of the President of the United States in videoconference held the counter and was considered a real challenge to Europe which will now have to measure itself with the new Trump initiatives, first of all the introduction of new duties.

To this which was called a real offensive, today the president of the ECB Christine Lagarde who had spoken of the “existential crisis” of Europe invited European leaders to “act together”. “Europe – he said – has a huge capital of talents and savings, but a great alarm clock is needed to move. If European leaders collaborate and respond to external threats, there is a huge potential to react successfully”.

On the same line the European Commissioner to the Economy, Valdis Dombrovskis: “Europe is certainly stronger if it speaks with a single voice and when it acts together. This is the approach we will use. And it is worth it recalls that international trade is Exclusive competence of the European Union, which is a customs union with a common policy on duties and foreign commercial policy “.

Finally, a message of optimism was also launched by Laurence Fink, CEO of Blackrock: “There is too much pessimism in Europe”, he observed believing himself convinced that instead “the time has come to invest again in Europe”.