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ECB chief walks out of US speech at Davos critical of Europe

by Reuters

Davos Jan 21, 2026 - 8:27 pm GMT+3
European Central Bank (ECB) President Christine Lagarde gestures as she speaks during the World Economic Forum (WEF) annual meeting in Davos, Switzerland, Jan. 21, 2026. (AFP Photo)
European Central Bank (ECB) President Christine Lagarde gestures as she speaks during the World Economic Forum (WEF) annual meeting in Davos, Switzerland, Jan. 21, 2026. (AFP Photo)
by Reuters Jan 21, 2026 8:27 pm

European Central Bank President Christine Lagarde left a World Economic Forum dinner on Tuesday as U.S. Commerce Secretary Howard Lutnick delivered remarks sharply critical of Europe, and the hosts called off the event before dessert, according to sources familiar with the matter.

The European Central Bank president exited during a passage of heavy criticism levelled at Europe by Lutnick that drew heckling at the dinner on Tuesday night, said one of the sources who was briefed on what happened.

The dinner was hosted by BlackRock CEO Larry Fink as co-chairman of the WEF for all of the ⁠major members of the forum along with heads of state and other dignitaries, a person who was invited to it said.

A couple of hundred people were invited to the dinner. Fink ended the dinner before dessert after the heckling incident as people were ‌walking out, one of the sources said.

The ECB declined to comment on the report. The U.S. Commerce Department and the World Economic Forum did not immediately ‍respond to a Reuters request for comment.

U.S. President Donald Trump's demand to ‍take over ‍Greenland has been met with fierce, ⁠emotional opposition from European leaders. ‍He is expected to address the annual gathering of the global elite in the Swiss resort town of Davos on Wednesday.

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    davos us-europe relations eu ecb christine lagarde howard lutnick davos summit
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