Lagarde faces French fiscal questions at ECB rate decision
The ECB president must address her homeland's mounting debt crisis while keeping deposit rates at 2 percent and avoiding any signal of market intervention.
Monday, 17 August 2026Europe · Analysis
Independent · Brussels & Berlin
Person
Prime Minister of France, Government of France
The ECB president must address her homeland's mounting debt crisis while keeping deposit rates at 2 percent and avoiding any signal of market intervention.
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Far-right National Rally and centre-left Socialists refuse to back far-left motion, leaving prime minister dependent on case-by-case support with no legislative majority.
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