France, Central Bank Governor Alert: 'Strangled by Rates'
10 Articles
10 Articles
In an interview with the Financial Times, Emmanuel Moulin described the movements on the French debt market in recent days as "serious and worrying."
The head of the Bank of France warns in the Financial Times about the risk of the economy being "strangled" by high interest rates, calling for immediate fiscal consolidation, as French bond yields have risen to near 24-year highs.
As France’s debt crisis intensifies, the central banker argues that the country must clean up its public finances. And he calls on Parliament to vote on the Le Corneille government’s budget. The post France: Central Bank Calls on Parliament to Approve Budget – Otherwise, It Sees Economic Collapse appeared first on in.gr.
If France does not adopt a budget plan capable of reducing spending and the deficit, it risks being 'progressively strangled by the rise in interest rates'. IT IS...
(Teleborsa) - The new Governor of the Banque de France, Emmanuelle Moulin, launched the alarm on French public accounts in an interview with the Financial Times, warning that without a budget plan capable of...
The warning that France risks being "strangled by interest rates" if it does not take action to clean up its finances was issued by the head of the French central bank, Emmanuel Moulin, speaking to the Financial Times.
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