Bundesbank criticizes France Insoumise's proposal to cancel French debt
Joachim Nagel, President of the Bundesbank, rejects the idea of canceling 18% of French debt held by the ECB.
Published 2sem2 sources✓ ConfirmedImportantupdated 4j
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The fact
He describes the proposal as "forbidden by European treaties."
This stance comes amid debates on public debt management in Europe.
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