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indiantinker • today at 8:58 PM • 1 reply • view on HN

This was expected. France is in a lot of debt trouble and it’s highly alarming development for Eurozone. Unlike the US, France cannot print more Euros to stay afloat and the ECB, who can, is institutionally hand-cuffed to not do so. Its chief just quit in a seemingly related situation but optically unrelated way.


Replies

gib444 • today at 9:14 PM

Just to clarify: Christine Lagarde hasn't quit as in quit today, rather, she announced she will resign in February, 9 months before the end of her term.