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French central bank head warns country risks being 'strangled by interest rates'

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

The governor of the Bank of France has warned that France is at risk of being 'strangled by interest rates', highlighting concern over the country's rising debt servicing costs. According to the Financial Times, the remarks underscore alarm at the top of the French central bank about the burden high rates place on public finances.

Why now: Concern over France's mounting debt costs and fiscal credibility is attracting fresh attention

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

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