ECB’s Villeroy: We "seriously" have to tackle France’s debt problem

Dhwani Mehta FXStreet

European Central Bank (ECB) policymaker Francois Villeroy de Galhau made some comments on the French fiscal and economic outlook on Tuesday.

Key quotes

French growth is not strong enough but remains positive.

We "seriously" have to tackle the debt problem.

We can do it.

There is no reason for France to become Europe’s laggard.

We must both rein in spending and raise taxes.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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