· François Villeroy de Galhau Wiki · Banque de France WikiMaking the post-Covid era a success for the French and European economy
Read full speech on bis.org ↗ContextSpeech at an Association Dauphine debate at the House of Finance in Paris; the Banque de France keeps prices stable and supports the post-Covid recovery.
Why it mattersVilleroy sets a goal of raising French potential growth.
Problems raised
- Inflation is a concern.
- Growth may fall below 1.5%.
- Public debt and unemployment are high.
Solutions proposed
- Gain 0.5% potential growth yearly.
- Improve purchasing power without debt.
- Reduce unemployment.