Davos: Europe must 'flex' muscles, says Lagarde

STORY: Lagarde addressed an audience at the World Economic Forum in Davos on a panel that included the Taoiseach of Ireland, Micheal Martin, Dutch Prime Minister Mark Rutte and the President of the European Parliament, Roberta Mesola.

Ukraine has been top of the agenda for the four-day meeting of global business leaders which kicked off in earnest on Monday (May 23) with a video address by Ukrainian President Volodymyr Zelensky.

Lagarde said the war in Ukraine revealed that Europe had underestimated its strength in numbers.