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Economic news

Davos-BlackRock’s Fink says probably time to be investing back in Europe

01/24/2025

Less than a minute

2025.01.24 05:35

LONDON (Reuters) – There is too much pessimism around Europe and it could be time to investing back in the region, BlackRock (NYSE:) CEO Larry Fink said at the World Economic Forum in Davos on Friday.

© Reuters. FILE PHOTO: Larry Fink, Chairman and CEO of BlackRock, speaks during an interview with CNBC on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., April 14, 2023. REUTERS/Brendan McDermid/File Photo

“There’s too much pessimism on Europe,” he said during a panel debate on the global economic outlook.

“I believe it’s probably time to be investing back into Europe,” he said, adding there was still progress to be made in areas such as capital markets union.

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01/24/2025

Less than a minute