Bank of France attacks ECB strategy

According to this article from The Daily Telegraph, published Friday 9 March, the ECB has received an unprecedented attack on the "reliability" of its strategy by the Bank of France and a barrage of attacks by French leaders.

Now the Bank of France - Mr Trichet's old home before he moved to Frankfurt, and a major force within the ECB system - has begun to mutiny, the article says, by publishing a report that raises "serious questions about the reliability of M3 growth as a pillar of the ECB's

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