ECB, Le Pen call for calm on turmoil-hit French markets
London | French markets stepped back from a week of turmoil on Monday (Tuesday AEST), as top European Central Bank officials joined resurgent right-wing leader Marine Le Pen in trying to project an aura of calm.
ECB boss Christine Lagarde suggested the central bank was alert but not alarmed about the shake-up in French bond yields and equity prices. And her chief economist, Philip Lane, played down the prospect that France could suffer a Liz Truss-style financial meltdown.
Subscribe to gift this article
Gift 5 articles to anyone you choose each month when you subscribe.
Subscribe nowAlready a subscriber?
Introducing your Newsfeed
Follow the topics, people and companies that matter to you.
Find out moreRead More
Latest In Europe
Fetching latest articles