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BdF chief urges French politicians to break budget deadlock

Central bank governor warns another stalemate could jeopardise France’s economic future

Emmanuel Moulin
Emmanuel Moulin
Sérgio Garcia

The governor of the Banque de France (BdF) has urged rival factions in the country’s parliament to coalesce around a budgetary proposal, rather than fall back on a “special law” – provided for under the constitution – that would allow the government to tax and borrow without an approved fiscal plan.

Emmanuel Moulin, who also sits on the European Central Bank’s governing council, told French television channel Public Sénat on September 25 that “everyone should take responsibility” when it came to

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