France Can't Count On ECB To Fix Debt Woes, Central Bank Chief Says
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UPDATE 1 — France can't count on ECB to fix debt woes, central bank chief says
(Adds details in paragraph 3, details, quotes, background in paragraphs 6-8) Central banker says debt crisis must be avoided ahead of election The idea that the ECB could step in is "flawed reasoning" PARIS, Sept 25 (Reuters) — France must do everything possible to avoid a sovereign debt crisis as its presidential elec
France can't count on ECB to fix debt woes, central bank chief says
France must do everything possible to avoid a sovereign debt crisis as its presidential election next year approaches, Bank of France Governor Emmanuel Moulin said on Friday, adding that it would be misguided to expect the European Central Bank to ride to the rescue.France's 10-year borrowing costs…