ParisFrance needs no European Central Bank help yet, its central bank chief says.
Borrowing costs surged in the global bond rout, and investors fear French finances could spill over.
Premier Sebastien Lecornu’s government presented its 2027 budget on 1 October, aiming to cut the deficit from 5.4% of output to 5%.
The European Central Bank next sets interest rates on 29 October.
How each outlet framed it
- Bloomberg Business
- Reuters
- rejects ECB intervention, arguing deficit-cutting budget is domestic solution—'solution here at home, not in Frankfurt'
Sources: Bloomberg Business, Reuters