Christine Lagarde argued that peace is necessary to support economic growth. The headline of the Lusa report identifies an appeal to Vladimir Putin to prioritise peace.

The message links economic prosperity to conditions of stability. The summary provided contains no growth forecast, diplomatic timetable or specific measures arising from these remarks.

From an economic perspective, geopolitical uncertainty is a factor for businesses and households to consider in their planning. Even so, this statement alone does not provide grounds to anticipate interest rate decisions or other monetary policy choices by the European Central Bank.

Follow geopolitical developments and official communications from economic institutions.