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French Minister Lescure criticized Jean-Luc Mélenchon's plan for the Bank of France to repurchase 20% of the national debt, warning it would significantly increase financing costs and effectively amount to leaving the Eurozone.
Economist Jean Pisani-Ferry has commented on France's urgent need to regain control of its public and welfare finances. His column follows a letter from the outgoing Bank of France governor to President Macron, which highlighted the nation's financial shortcomings.
A delegation from the Central Bank of Montenegro, led by Governor Irena Radović, met with Governor Emmanuel Moulin at the Central Bank of France in Paris, continuing their dialogue on Montenegro's European integration.
The Governor of the Bank of France told CNBC that the European Central Bank "will do what is necessary" to control inflation, as markets widely anticipate a rate hike at the next meeting.
French Socialist politicians have voiced their opposition to the proposed nomination of Emmanuel Moulin to lead the Banque de France. They plan to vote against his appointment, citing concerns about his ties to President Macron.
The Governor of the Bank of France has proposed three key adjustments to revive economic growth and stated that there are no longer funds available for general measures, such as fuel price subsidies.
François Villeroy de Galhau, the Governor of the Bank of France, stated that Europe is currently better prepared to face economic crises compared to 2008, aiming to offer reassurance.
François Villeroy de Galhau, Governor of the Bank of France, stated that France no longer has the financial means to provide general public support for fuel, warning that further increasing deficits and debt would harm French citizens.
Emmanuel Moulin, known for his jovial nature, has been appointed as the new Governor of the Bank of France, aiming to address potential German concerns.
Emmanuel Moulin, Governor of the Bank of France, expressed concern that repeated heatwaves are impacting productivity in the medium term and pose a risk to the financial sector.
The Bank of France stated that the increase in oil and natural gas prices has begun to pass through to other prices in the consumer basket.
In an exclusive interview, François Villeroy de Galhau, Governor of the Bank of France, stated that the current generation is transferring the burden of debt and pensions to their children, reflecting on the state of the country and recent crises.
President Macron has nominated his former adviser, Emmanuel Moulin, to run the Bank of France. The proposed appointment of the central bank governor is expected to face intense scrutiny in parliament.
The Bank of France indicates that the 'War in Iran' has had a limited impact on French economic activity so far, though a growing number of industrial businesses anticipate raising prices due to increasing material costs.
The central bank forecasts GDP growth of 0.9% in 2026, a slight decrease from the 1% in its December projections.
The Banque de France is launching its 14th Financial Education Week with the goal of strengthening everyone's budgetary and financial skills and encouraging open discussion about money.
After lowering its growth forecast, the Bank of France believes a 'positive scenario' is still possible, citing a ceasefire and falling oil prices as good news that point towards an improved outlook.
Lithuanian Deputy Finance Minister Janušas Kizenevičius visited Paris to meet with the management of the Bank of France, discussing Lithuania's preparations for its EU presidency and presenting its priorities and financial market sector development.
The Bank of France is set to reduce its economic growth forecast for 2026, according to statements made by Governor François Villeroy de Galhau.
Emmanuel Moulin, President Macron's former chief of staff, has been approved by the French Parliament to serve as the new governor of the Banque de France. During his confirmation, Moulin emphasized his commitment to independence in the role.
François Villeroy de Galhau, Governor of the Bank of France, has again criticized 'gerontocratic choices' that disadvantage young people. He argues that France must stop transferring deficits, debt burdens, and pension costs to future generations and rethink their place.
The Bank of France has repatriated approximately 129 tons of gold from New York, selling it at record prices and replacing it with new ingots. This move generated a profit of around 13 billion euros and transferred all reserves back to France.
The Banque de France, which holds 2500 tons of gold, announced in its annual report that it sold a portion of its gold reserves, realizing a capital gain of €13 billion through "standardization" operations.