ECB chief Christine Lagarde rejects Mélenchon's debt cancellation proposal
Article 123 of the EU treaty prohibits the ECB from cancelling government debt that it has purchased.
ECB chief Christine Lagarde rejects Mélenchon's debt cancellation proposal
Article 123 of the EU treaty prohibits the ECB from cancelling government debt that it has purchased. Grouped from 2 articles across 2 sources.
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Clustered coverageEuronews, The Straits Times
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ECB's Lagarde rejects French far-left leader's debt-cancellation plan as 'financially dangerous'
BERLIN, Sept 10 - European Central Bank President Christine Lagarde on Thursday rejected French far-left leader Jean-Luc Mélenchon's plan to cancel a portion of France's national debt, calling it \"financially dangerous\" and legally impossible under EU law.
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