France and Europe Need to Get Finances in Order, ECB’s Knot Says

France and Europe Need to Get Finances in Order, ECB’s Knot Says

European Central Bank Governing Council member Klaas Knot urged European governments to get their finances in order — highlighting France’s particular need to do so.

“A significant fiscal consolidation in, for instance, France is necessary to bring public finances back on track,” the Dutch central-bank chief said on Saturday at a Group of 30 event in Washington.

Source link : https://www.bloomberg.com/news/articles/2024-10-26/france-and-europe-need-to-get-finances-in-order-ecb-s-knot-says

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Publish date : 2024-10-26 16:47:00

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