ECB’s Villeroy: France’s public debts are well above the average for Europe

Market news

25 September 2024

ECB’s Villeroy: France’s public debts are well above the average for Europe

European Central Bank (ECB) Governing Council member and Bank of France President, François Villeroy de Galhau, commented on the French fiscal situation on Wednesday.

Key quotes

We cannot allow situation regarding deficit to last.

Those who are lending money to France are telling france that they must act over deficit.

Need to cure the illness regarding our deficit.

Our public debts are well above the average for Europe.

Market reaction

EUR/USD is flirting with 1.1200 in the early European morning, up 0.13% on the day.

Sweden Producer Price Index (YoY): 1.2% (August) vs -0.1%

Forex Today: US Dollar struggles, Gold glitters after China rate cut; Fedspeak awaited

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.