Markets

BOF's Villeroy says he's not worried about situation of French banks

Bank of France governor Villeroy de Galhau speaking to BFM radio

  • banks much more solid than in 2008
  • lending to French companies is growing
  • French regulator watching bank exposure to oil
  • markets are over-reacting
  • French recovery not affected by market turbulence
  • Hollande payroll tax credits are working
  • French share of global exports has stabilized
  • economic uncertainties are outside Eurozone

Oh really? Villerory in ostrich-like head-in-sand mode.

Meanwhile EURUSD pinned around 1.1300 still.BOF's

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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