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

stock :: 2025-01-24 :: source - reuters

By Reuters

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

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

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"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.

(Reporting by Dhara Ranasinghe; Editing by Amanda Cooper)

Reuters report

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