
The leader of La France insoumise accuses Emmanuel Moulin of inciting the markets to sanction France because of its economic program.
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Emmanuel Moulin gave an interview to the Financial Times concerning the risks of rising interest rates for French public finances.
The market reaction is clearly not to the liking of the LFI presidential candidate. Jean-Luc Mélenchon promised this Tuesday that the governor of the Bank of France Emmanuel Moulin would be prosecuted for “treason”, if the Insoumis come to power in 2027, for comments on the debt. “The French central banker, former direct collaborator of Macron, publicly takes sides against his country abroad by implicitly calling on speculators to sanction France because of my proposals,” wrote Jean-Luc Mélenchon on X.
“This is an act of betrayal. There will be no statute of limitations in 2027. He will be prosecuted for this. Fed up with these so-called elites who cry out about the drama they want to create to weigh on the people,” he added. Jean-Luc Mélenchon seems to be referring to an interview with Emmanuel Moulin published Monday by the Financial Times where he estimated that France risks being “strangled by interest rates” if it does not straighten out its public finances.
“France is not Greece”
“If we do not act, there is indeed a risk of being gradually strangled by the rise in interest rates,” said Emmanuel Moulin in this article, without however mentioning Jean-Luc Mélenchon or La France insoumise. “France is not Greece at the time of the eurozone crisis,” he also indicated.

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