French, euro zone economies should return to pre-COVID levels by early 2022 – Villeroy
FILE PHOTO: Bank of France Governor Francois Villeroy de Galhau arrives for the G20 meeting during the IMF and World Bank's 2019 Annual Fall Meetings of finance ministers and bank governors, in Washington, October 18, 2019. REUTERS/Mike Theiler/File Photo
August 30, 2021
PARIS (Reuters) – The economies in France and the euro zone should be back to pre-COVID levels in early 2022 or maybe earlier, Bank of France Governor Francois Villeroy de Galhau said on Monday.
Villeroy, who is also a European Central Bank policymaker, told BFM Business radio that there was no risk of higher inflation at this stage.
(Reporting by Benoit Van Overstraeten and Matthieu Protard; Editing by Toby Chopra)
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