European Central Bank President Christine Lagarde rejected French far-left leader Jean-Luc Mélenchon's plan to cancel part of France’s national debt. She said it was “financially dangerous” and legally impossible under EU law.
WHO:
Christine Lagarde
WHAT:
Rejected Jean-Luc Mélenchon's plan to cancel part of France’s national debt as financially dangerous and legally impossible under EU law.
WHEN:
Sep 10, 2026
WHERE:
Germany
WHY:
Lagarde was responding to Mélenchon's debt-cancellation proposal, arguing it would be financially dangerous and violate EU law.