Lagarde Rejects Far-Left Mélenchon’s Debt-Cancellation Plan
9 Articles
9 Articles
The President of the European Central Bank, Christine Lagarde, rejected on Thursday the plan of the leader of the French Party, Jean-Luc Melenchon, to cancel part of the country's public debt, calling the idea "financially dangerous and legally impossible under EU law", reports Reuters, quoted by Agerpres.
Lagarde Says French Far-Left Debt Plan ‘Financially Dangerous’
A far-left proposal to reduce France’s mountain of borrowing by canceling debt held by central banks doesn’t make sense and would be financially dangerous, according to European Central Bank President Christine Lagarde.
ECB's Lagarde rejects French far-left leader's debt-cancellation plan as 'financially dangerous'
BERLIN, Sept 10 - European Central Bank President Christine Lagarde on Thursday rejected French far-left leader Jean-Luc Mélenchon's plan to cancel a portion of France's national debt, calling it \"financially dangerous\" and legally impossible under EU law. Read more at straitstimes.com.
The President of the European Central Bank, Christine Lagarde, strongly rejected the proposal of the extreme left-wing leader Jean-Luc Mélenchon on the cancellation of a part of France's national debt. The measure had been advanced by the French politician to create fiscal space for social expenditure, under conditions where the country's debt exceeds 116% of the gross domestic product. Lagarde has catalogued the idea [...] Article Christine Lag…
The President of the European Central Bank, Christine Lagarde, rejected on Thursday the plan of the leader of the French Party, Jean-Luc Melenchon, [...]
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