Christine Lagarde respinge planul liderului francez de extremă stânga privind anularea datoriei: Periculos din punct de vedere financiar
Christine Lagarde, the ECB president, rejected Jean-Luc Mélenchon's proposal to cancel part of France's debt, calling it financially dangerous and legally impossible. Mélenchon suggested canceling 18% of the national debt to free up fiscal space for social spending. Lagarde emphasized that creditors would penalize such actions and compared public debt to personal loans, stating that refusal to repay would lead to higher interest rates. She reiterated that debt cancellation is prohibited by EU law, specifically Article 123 of the Treaty on the Functioning of the European Union, which she described as a cornerstone of stability.