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Europe’s economy can’t grow without migrants, Lagarde warns

Europe’s economy can’t grow without migrants, Lagarde warns
business8/24/2025

Foreign workers delivered half of the bloc’s jobs growth since 2022, but populist backlash could shut the door on future gains, ECB chief said.

The ECB president argued that migration has played a crucial role in offsetting Europe’s shrinking birth rate and growing appetite for shorter working hours. | Arne Dedert/picture alliance via Getty Images Foreign workers delivered half of the bloc’s... [1046 chars]