*Walter Bloomberg(@DeItaone):FRANCE DEBT CANCELLATION PLAN SLAMMED AS “DANGEROUS” Bank of France chief Emmanuel Moulin warned that Jean-Luc Mélenchon’s proposal to cancel 18% of France’s national debt would amount to a default, calling it “illegal, dangerous and useless.” Moulin warned the plan could fuel inflation and drive interest rates higher, echoing criticism from ECB President Christine Lagarde.

2026.09.11 06:46

FRANCE DEBT CANCELLATION PLAN SLAMMED AS “DANGEROUS” Bank of France chief Emmanuel Moulin warned that Jean-Luc Mélenchon’s proposal to cancel 18% of France’s national debt would amount to a default, calling it “illegal, dangerous and useless.” Moulin warned the plan could fuel inflation and drive interest rates higher, echoing criticism from ECB President Christine Lagarde.