ECB’s Villeroy: France in Danger of Being Crushed Under Debt Burden

29 September 2025

By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau on Monday said that France was in danger of being crushed under its debt burden.

In an interview on French national television station France 2, Villeroy, who heads the Banque de France, called on his country “to deal with our number one problem now: the debt and deficit.”

France risked “being increasingly suffocated by debt that’s getting heavier and is more and more expensive,” he said.

“France needs to be a motor for Europe, but today we are seen as a brake because we are paralyzed by all our political quarrels,” he said.