Eurozone News
LAST UPDATE: September 16, 2025
ECB’s Kazaks Sees No Reason to Cut Interest Rates at the Moment
ECB Governing Council member Martins Kazaks said there is currently no justification for further rate cuts, citing the need to watch incoming data before easing.
Insight
His remarks reinforce a cautious stance, suggesting policy will stay restrictive until inflation and growth data clearly warrant additional easing.
France can overcome its debt issues, ECB’s Villeroy says
Banque de France Governor François Villeroy de Galhau said France can overcome its debt challenges but warned that delaying action will make adjustment more painful and should be shared fairly.
Insight
The call underscores urgency for fiscal consolidation to maintain market confidence as France faces elevated deficits and political constraints.
