I didn’t know they had a recovery. Anyone else seen it? There was nothing hiding down the back of the sofa.
Bank of France and ECB man Christian Noyer also says that ECB monetary policy needs to be transmitted to the French economy and that French savings plans should reflect interest rate changes and remuneration of tax protected plans should be above the rate of inflation.
Good luck with that one. Savers are earning more from the fluff they gain from keeping their money under their mattresses than what they are getting from banks.
