Christian Noyer, former ECB vice-president, urges Europe to stay open to Chinese investment while developing its own AI and tech infrastructure to reduce dependence on America.
Emmanuel Moulin, President Macron's nominee, was confirmed as the new governor of the Bank of France despite concerns over his closeness to the president and potential political influence. Critics questioned his independence, citing Macron's recent appointments and the broader global trend of political pressure on central banks.
Emmanuel Moulin, former Secretary-General of the Élysée, faces a crucial hearing before French senators and deputies on May 20th for his potential appointment as Governor of the Bank of France. Opposition from the left and RN parties citing lack of independence and political maneuvering, contrasts with the Élysée's defense of his qualifications.
Emmanuel Moulin, former Secretary General of the Élysée, faces a crucial vote on May 20th to become Governor of the Bank of France. Opposition from the left and RN cite concerns about independence and institutional "locking," while the Élysée defends the nomination as a constitutional right and Moulin as the best candidate.
Socialists announced they will vote against Emmanuel Moulin's nomination to head the Bank of France, a decision that weakens Macron's candidate's chances. The Insoumis and RN also oppose the nomination, leaving LR to decide his fate.
The move frees up Emmanuel Moulin to run for central bank governor.
