France Is in Danger if 2026 Deficit Not Contained, Villeroy Says
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Francois Villeroy de GalhauFrance could face a market backlash if plans to repair the public finances fail to bring its deficit within 5% of economic output next year, the country’s central bank chief said. “Beyond a 5% deficit, France would clearly put itself in danger,” Francois Villeroy de Galhau said in an interview with Le Figaro. “The apparent calm of the markets can, in my experience, turn abruptly.”