No return to ‘whatever it takes’ for EU defence – BdF head
Villeroy de Galhau says US is “shooting itself in the foot” with tariffs
The Banque de France (BdF) governor has ruled out monetary financing of the European Union’s defence.
In an interview with radio station France Inter on March 14, François Villeroy de Galhau said increasing the EU’s military spending “cannot, and should not” involve a return to the time when the European Central Bank promised to do “whatever it takes”.
He said the present moment should be a “military awakening for Europe, but also its economic and financial awakening”.
The questions of military
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