Milan, 1 September (LaPresse) – "Any risk of a government falling, in any Eurozone country, is worrying. What I have observed in recent years at the helm of the ECB is that political developments have a clear impact on the economy and on how financial markets assess country risk." This was stated by ECB President Christine Lagarde in an interview with Radio Classique regarding the possible vote of no confidence in the current French government. ‘I think France's banking system is well capitalised, in much better shape than it was during the last major financial crisis, well structured, well supervised, with responsible players. So I don't think the banking system itself is, in any way, the source of the current risk,’ Lagarde added.
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