"The European Central Bank has taken very significant decisions for our economy, that of the European Union and of course the French economy, by lowering its main policy rate to 0.15% but also by making decisions with regard to the banks", the Prime Minister reiterated in a statement to the press on Thursday 5 June.
"These decisions will notably provide support for businesses and households, they will facilitate businesses’ access to credit – I refer to SMEs and SMIs in particular – and fundamentally these decisions reinforce those we have taken for several weeks now, with regard to both the Competitiveness and Employment Tax Credit and the Responsibility and Solidarity Pact…" he continued. "They are moving in the right direction, we have good prospects in terms of employment and growth. We are on the right path", he said with satisfaction.
"We are asking for fair treatment for BNP Paribas" he replied in response to a reporter’s question on the ongoing legal proceedings against the French bank in the US. "The same applies in a way to our independence and the French economy. Of course we respect the independence of the American justice system, but the American authorities need to be sensitive to the situation" he concluded.