France's political uncertainty hitting confidence and growth, Villeroy says

Frances political uncertainty, as highlighted by central bank chief Francois Villeroy de Galhau, is detrimentally impacting economic growth by at least 0.2 percentage points, affecting confidence levels.

• Francois Villeroy de Galhau stated that political uncertainty in France, particularly under President Emmanuel Macrons government, is hindering economic growth by at least 0.2 percentage points.
• The central bank chief warned that ongoing uncertainty could further undermine both business and consumer confidence, which are crucial for Frances economic recovery.
• Villeroys comments come as France faces scrutiny from markets, emphasizing the need for stability and effective leadership from the Prime Minister to foster economic growth.