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France can't count on ECB to fix debt woes, central bank chief says

Original: France can’t count on ECB to fix debt woes, central bank chief says

The head of France's central bank has warned that the European Central Bank will not step in to resolve France's debt problems, stressing that the country must address its fiscal situation on its own. The remarks underline growing concern over France's public finances and its budget deficit, and put pressure on the French government to deliver credible consolidation measures rather than rely on external monetary support.

Why now: Concerns over France's rising public debt and budget deficits are fuelling debate about whether European institutions will intervene.

FranceEuropean Central BankBank of France

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• France can’t count on ECB to fix debt woes, central bank chief says · wincountry.com
• France can’t count on ECB to fix debt woes, central bank chief says · Y100 WNCY
• France can’t count on ECB to fix debt woes, central bank chief says · WTVB

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