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French central bank chief warns country risks being strangled by interest rates

Original: French central bank head warns country at risk of being ‘strangled by interest rates’

The head of France's central bank has warned that France is at risk of being 'strangled by interest rates', highlighting concern over the country's rising debt servicing costs. The remarks add to worries about France's public finances and its borrowing burden, and come amid wider debate in Europe over high rates and fiscal sustainability.

Why now: Concern over France's debt burden and rising interest costs is a pressing economic and political issue

FranceBank of FranceFinancial Times

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• French central bank head warns country at risk of being ‘strangled by interest rates’ · Financial Times

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