17-07-2025
French Central Bank Chief Praises Plan to Fix ‘Very Excessive Deficit'
The French government's contested plan to rein in the budget deficit goes in the right direction to tackle deep problems in public finances, the chief of the central bank said.
'The general orientation seems to go in the right direction to finally get control over our public debt while preserving economic growth,' Bank of France Governor Francois Villeroy de Galhau said.
