• European Central Bank Governing Council member Villeroy de Galhau: the French economy was not affected by the recent market turmoil

Market news

11 February 2016

European Central Bank Governing Council member Villeroy de Galhau: the French economy was not affected by the recent market turmoil

European Central Bank (ECB) Governing Council member and Bank of France Governor Francois Villeroy de Galhau said in an interview on Wednesday that the French economy was not affected by the recent market turmoil. He noted that the economy was driven by domestic demand.

"The French economy is driven by an internal engine, first and foremost by household consumption," Villeroy de Galhau said.

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