(Bloomberg) — European Central Bank Governing Council member Klaas Knot urged European governments to get their finances in order — highlighting France’s particular need to do so.
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“A significant fiscal consolidation in, for instance, France is necessary to bring public finances back on track,” the Dutch central-bank chief said on Saturday at a Group of 30 event in Washington.
Knot said that uncertainty about fiscal policy is — together with political polarization and geopolitical tensions — adding to consumer’s reluctance to spend and weighing…