Bank of France governor Villeroy de Galhau speaking to BFM radio
- banks much more solid than in 2008
- lending to French companies is growing
- French regulator watching bank exposure to oil
- markets are over-reacting
- French recovery not affected by market turbulence
- Hollande payroll tax credits are working
- French share of global exports has stabilized
- economic uncertainties are outside Eurozone
Oh really? Villerory in ostrich-like head-in-sand mode.
Meanwhile EURUSD pinned around 1.1300 still.BOF's