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ECB's Villeroy - Don't wait to see French reforms to strengthen euro zone - Reuters

Comments from ECB policymaker Francois Villeroy de Galhau are crossing the wires via Reuters-

  • The euro area can ill afford to wait and see if France’s reforms bear fruit before deepening the bloc’s economic integration
  • It would be a dangerous bet to wait for another two to three years to see all the results
  • Then the present opportunity and momentum would have vanished, and we would run the risk of facing a (new) recession without having strengthened the euro area

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