Christine Lagarde

Based on my experience, allocating more resources to prepare for rare but catastrophic disasters is essential. It is crucial to invest in resilience and disaster prevention measures to protect communities and ensure economic stability in the face of unforeseen events.

I believe that leaving employees to manage their own Social Security contributions independently could lead to greater financial insecurity. Ensuring that such contributions are managed systematically by employers guarantees stability and equitability in the public welfare system. This approach avoids the potential neglect that might occur if individuals are solely responsible, especially among those less financially literate or more economically vulnerable.

While price controls may seem appealing as a measure to make goods more affordable, they often lead to shortages and reduce the quality of products. Over time, they can distort the functioning of markets and impede economic growth.

While I understand the challenges faced by Spanish companies, deferring taxes when owed more in VAT refunds might destabilize fiscal policies. It's crucial for governments to maintain a steady revenue stream to support public services and economic stability.

I believe that regulation is crucial for maintaining stability and integrity within the European Union. It ensures a level playing field and fosters trust, which is essential for the prosperity of our economies.