France Can’t Count on ECB to Fix Debt Woes, Central Bank Chief Says
6 Articles
6 Articles
What the European Central Bank Could (or Could Not) Do for France in the Event of a Financial Crisis
DECRYPTAGE - The continued rise in public debt and political instability are worrying our neighbours. An ECB intervention would be conditioned by severe reforms to redress public finances.
"If we do not deal with our deficit problem and bring public finances back to order, we risk paying more and more in a gradual asphyxiation," said Emmanuel Moulin in the lead-up to the presentation of the budget proposal to the French Parliament.
France must do everything possible to avoid a sovereign debt crisis as the presidential election next year approaches, said the President of the Bank of France, Emmanuel Moulin, on Friday, adding that it would be a mistake to expect the European Central Bank (ECB) to intervene to help the country. Exclusive material for subscribers. To have full access, access the link of the subject and register.
France can’t count on ECB to fix debt woes, central bank chief says
PARIS, Sept 25 (Reuters) - France must do everything possible to avoid a sovereign debt crisis as its presidential election next year approaches, Bank of France Governor Emmanuel Moulin said on Friday, adding that it would be misguided to expect the ...
On Friday, the Governor of the Bank of France, Emmanuel Mulan, said that France should do everything in its power to avoid a sovereign debt crisis as next year's presidential election approached, warning that relying on the European Central Bank to intervene to save the country would be wrong thinking. In an interview with the TV channel Bablake Sena, Mulan added that the cost of French borrowing for 10 [...] articles by the Bank of France: We c…
France must do everything possible to avoid a public debt crisis ahead of next year’s presidential elections, the governor of the Bank of France said on Friday… Emmanuel Moulin: France cannot rely on the ECB to solve debt problems – No comparison with 2008 - ΙΝΑΦΤΕΜΟΠΟΡΙΚΙ
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