• ECB’s Villeroy: France should avoid recession, French banks are solid

Notícias do Mercado

20 março 2023

ECB’s Villeroy: France should avoid recession, French banks are solid

“France should avoid recession,” European Central Bank (ECB) Governing Council member and Bank of France head Francois Villeroy de Galhau said on Monday, adding that the “French banks are solid.”

“Regulation of French and European banks is better than that in United States,” Villeroy added.

Market reaction

Amid a renewed risk-aversion wave, EUR/USD is erasing early gains to trade flat at 1.0660, as of writing.  

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