ECB’s Villeroy: Monetary policy must remain accommodative

The French daily, Le Figaro, reports the weekend’s comments delivered by the European Central Bank (ECB) Governing Council member and Bank of France Head Villeroy de Galhau, with the key headlines found below.

Monetary policy must remain accommodative.

A serious downturn worldwide.

US economy is still expanding.

China is showing signs of recent stabilization.

In Europe France and Spain are holding up well.