France is not currently in a situation that would require the intervention of the International Monetary Fund (IMF), but any risk of a government falling into the eurozone is “alarming,” European Central Bank President Christine Lagarde said today. Speaking at the Radio Classique Radio, Lagarde said fiscal discipline remains imperative in France and that it is closely monitoring the situation with French bonds. The French opposition parties have said they will be throwing the minority government to vote for a vote of confidence on Monday, September 8, which was unexpectedly announced last week by Prime Minister François Baysua. resign. This is affecting the Stock Exchange and the market for France, which is the second largest eurozone economy. ‘Countries are calling for intervention […]
Source: News Beast
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