‘A waste of time’: ECB chief rejects Mélenchon’s French debt plan - EUROPE SAYS
• European Central Bank President Christine Lagarde rejected a proposal by Jean-Luc Mélenchon to cancel a portion of France's public debt. • Lagarde described the plan as a waste of time and stated it does not make sense legally, technically, or financially. • This dismissal signals that the central bank views debt cancellation as an illegal and dangerous move for the stability of the financial market.
europesays.com