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monde18 %Joachim Nagel, President of the Bundesbank, rejects the idea of canceling 18% of French debt…Confirmed · 2 sources

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 sourcesConfirmedImportantupdated 4j
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He describes the proposal as "forbidden by European treaties."

This stance comes amid debates on public debt management in Europe.

2 sources — click a link to read an article on the topic:
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