Lescure Says France Is Far From Needing ECB Help on Debt
6 Articles
6 Articles
Lescure Says France Is Far From Needing ECB Help on Debt
France is in a debt crisis. Nevertheless, the country does not need ECB assistance – this is something that Finance Minister Roland Lescure is convinced of. However, confidence in the bond market has weakened. The premium on yields against Germany is at the highest level since 2011. Although French government bonds have recently recovered, there is a political conflict behind the demonstrative serenity in Paris: [...] The post France in the debt…
France is under increasing pressure in the bond market, but the government still sees no reason for the ECB to intervene.
French Finance Minister Roland Lescure says the country is far from needing intervention from the ECB to tackle rising interest rates, Bloomberg News reports.
"We don't need to talk about scenarios today," Leskire stressed.
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