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.”
Wednesday, 28 October 2026
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Briefing desk at Markets Brief (2026-09-30): 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.” Primary source: original at FXStreet (fxstreet.com).
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.”