Published on
11/09/2026 - 17:37 GMT+2
European Central Bank (ECB) President Christine Lagarde on Thursday criticised a proposal by left-wing French presidential candidate Jean-Luc Mélenchon to cancel France’s debt held by the central bank.
Lagarde said the proposal by the La France Insoumise (LFI) leader was “really not a good idea” during a press conference following the ECB’s announcement of another increase in its key interest rates.
The president added that the move would amount to a “clear violation of the treaty” on the European Union.
