Full coverage: Christine Lagarde

European Central Bank president Christine Lagarde believes Europeans are "much less wealthy than they could be". The high concentration of savings and pensions need to be invested.

Despite concerns over inflation, the markets do not anticipate rates to rise until 2025 at the earliest. Instead, the real focus for central bankers will be on the longer-term issues surrounding eurozone banking profitability. Investors in Irish banks will be watching on with interest.

In her first month as President of the ECB, Christine Lagarde is having to fight off a coup. Other European central bankers want her to give them a greater say in how monetary policy is set. There are three reasons why Lagarde needs to win.