Euro has given France better interest rates – BdF official
Bénassy-Quéré says rates would have been higher if France had stayed outside single currency
The deputy governor of France’s central bank has said the country has consistently benefitted from lower interest rates thanks to its membership of the euro.
In a statement posted on the Banque de France website on July 29, Agnès Bénassy-Quéré said the theoretical interest rate calculated retroactively for the 1999–2023 period was consistently higher than the actual rate of the eurozone.
She said that before monetary union, markets had demanded a risk premium for lending to the government or
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