Christine Lagarde

President of the European Central Bank

Europe’s $24 Trillion Breakup With Visa and Mastercard Has Begun - https://europeanbusinessmagazine.com/business/europes-24-trillion-breakup-with-visa-and-mastercard-has-begun/ - ECB President Christine Lagarde has called for Europe to break its dependence on American payment infrastructure, warning that every card transaction sends European consumer data to the United States. A coalition of 16 banks thinks it has the answer.