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Lagarde reportedly exited the dinner while Lutnick criticized Europe

Lagarde reportedly exited the dinner while Lutnick criticized Europe

101 finance101 finance2026/01/21 18:51
By:101 finance

Lagarde Leaves Davos Dinner Amid Criticism of Europe

According to the Wall Street Journal, European Central Bank President Christine Lagarde unexpectedly left a VIP dinner in Davos as US Commerce Secretary Howard Lutnick delivered a speech sharply criticizing Europe's energy strategies and its waning competitiveness. Witnesses reported that Lutnick's remarks drew a mixed response from the audience—some guests applauded his assertion of American superiority, while others expressed their disapproval.

The report also noted that several of Lutnick's comments appeared to be direct responses to earlier public statements by Lagarde and other European officials at Davos, who had defended the European Union's financial resilience and cohesion.

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