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Bank of France’s Villeroy: See no Europe-wide bubbles, but local bubbles possible

Published 6 years ago6y ago • Bookmarks: 4

File Picture: Governor of the Bank of France Francois Villeroy de Galhau attends a news conference held at the close of the G20 Finance Ministers and Central Bank Governors meeting in Chengdu in Southwestern China’s Sichuan province, Sunday, July 24, 2016. REUTERS/Ng Han Guan/Pool

TOKYO (Reuters) – The French central bank governor said on Monday he saw no financial bubbles affecting the whole of Europe but it was possible there were some local bubbles.

There are many reasons to be confident that European economies will continue to grow, said Francois Villeroy de Galhau, who is also a European Central Bank policymaker, at the Europlace financial forum in Tokyo.

Source: https://www.reuters.com/article/us-ecb-policy-villeroy/bank-of-frances-villeroy-see-no-europe-wide-bubbles-but-local-bubbles-possible-idUSKBN1DY0EB