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Topic

Bank of France

ECB needs to take account of improved financing conditions

ECB needs to take account of improved financing conditions

Published 30 Aug, 2021 01:02pm
  • Villeroy, who is also governor of the Bank of France, said there was no urgency to decide on the future of the Pandemic Emergency Purchase Programme at the ECB's September meeting because unlike the US Federal Reserve
French and Swiss central banks to trial wholesale digital currencies

French and Swiss central banks to trial wholesale digital currencies

Published 10 Jun, 2021 05:58pm
  • The experiment will focus on the bank-to-bank 'wholesale' lending market rather than everyday public transactions but will be the first time a digital euro and Swiss franc have been fully tested.
  • The eurozone is adapting to a "strong trend" towards the digitalisation of payments," said Bank of France Deputy Governor Sylvie Goulard.
Short new lockdown shouldn't affect French growth forecast: Villeroy

Short new lockdown shouldn't affect French growth forecast: Villeroy

Published 01 Apr, 2021 07:21pm
  • President Emmanuel Macron on Wednesday ordered France into its third national lockdown and said schools would close for three weeks as he sought to push back a third wave of COVID-19 infections that threatens to overwhelm hospitals.
  • The French central bank said last month that the euro zone's second-biggest economy was set to grow 5.5% this year.
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