Following the global pandemic, immigrants played a crucial role in revitalizing Europe’s economy, according to Christine Lagarde, President of the European Central Bank. Their contributions helped stabilize labor markets and supported economic recovery across several key sectors.
Lagarde emphasized that migrant workers filled essential roles in industries facing labor shortages, from healthcare to agriculture and logistics. Their integration into the workforce not only addressed immediate staffing gaps but also contributed to long-term economic resilience.
The influx of skilled and unskilled labor from outside the EU provided a buffer against demographic decline in many European nations, where aging populations have strained public services and reduced productivity. By participating in the labor force, immigrants increased tax revenues and consumer demand, further stimulating growth.
Lagarde noted that inclusive policies and investment in integration programs were vital to maximizing these benefits. She called for coordinated efforts across member states to ensure fair access to employment, education, and social services for newcomers.
While challenges remain, including public perception and regional disparities in integration outcomes, the overall impact of immigration on post-pandemic recovery has been positive. The ECB chief stressed that sustainable economic growth in Europe will continue to depend on the ability to attract and retain global talent.
— news from Seattle Post-Intelligencer
— News Original —
Access to this page has been denied
Inmigrantes impulsaron economÃa de Europa tras pandemia, afirma presidenta del BCE Seattle Post-Intelligencer