French central bank head warns country at risk of being ‘strangled by interest rates’
Emmanuel Moulin says France can still reassure bond investors despite ‘serious and worrying’ market moves in recent days
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French central bank head warns country at risk of being ‘strangled by interest rates’ - FT
Moulin, the governor of the Banque de France, told the FT that the Eurozone’s second-largest economy could win back investor confidence despite the “serious and worrying” moves on sovereign debt markets in recent days. “France is not Greece during the Eurozone crisis,” Moulin said. “If it can pass a budget this year to