ECB’s Lagarde warns France needs a credible path to rein in debt
European Central Bank (ECB) President Christine Lagarde said that France’s debt situation is “serious at 120% of GDP and without a path to lowering it.”
Thursday, 1 October 2026
Independent coverage of global markets, trade and finance
Currencies
ECB’s Lagarde warns France needs a credible path to rein in debt
European Central Bank (ECB) President Christine Lagarde said that France’s debt situation is “serious at 120% of GDP and without a path to lowering it.”