European resilience and Parisian momentum
· François Villeroy de Galhau, Governor of the Banque de France (France)
Summary written by Dark Majestic in its own words · topics: financial stability
FV · François Villeroy de Galhau Wiki · Banque de France WikiEuropean resilience and Parisian momentumContextSpeech at a Paris Europlace event in New York; the Banque de France keeps finance stable and promotes Paris as a European financial centre.
Why it mattersVilleroy promotes Paris to American investors after the bank stress.
Problems raised- Europe faced several crises.
- Paris must remain attractive.
- Banking stress raised concerns.
Solutions proposed- Build on European resilience.
- Develop the Paris financial centre.
- Maintain strong regulation.
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