ECB President Christine Lagarde stated on Wednesday that France must tackle its ballooning debt and deficit through domestic fiscal consolidation rather than relying on central bank bond intervention. Speaking in Bangkok, Lagarde noted that while elevated Eurozone inflation persists due to energy costs, growth projections remain modestly resilient.
ECB President Christine Lagarde stated on Wednesday that France must tackle its ballooning debt and deficit through domestic fiscal consolidation rather than relying on central bank bond intervention. Speaking in Bangkok, Lagarde noted that while elevated Eurozone inflation persists due to energy costs, growth projections remain modestly resilient.
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