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flag ECB President notes foreign workers vital to eurozone growth, despite political backlash.

flag European Central Bank President Christine Lagarde highlighted that foreign workers have significantly bolstered the eurozone economy, contributing to half of the labor force growth over the past three years. flag She stated that without this influx, labor market conditions could be tighter and output lower. flag Despite the positive economic impact, the rise in foreign workers has sparked political backlash, leading to some governments imposing restrictions on new arrivals.

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