ECB's Villeroy says French economy is still growing above historical average

Villeroy is also the Bank of France governor

• But French economy lags EU peers because it needs reforms
• Sees France catching up with peers by 2020
• Rise in inflation this year is due to energy prices
• World economy is not sheltered from crisis

He is speaking following the release of the central bank's latest set of forecasts on the French economy here.