Bank of France Governor on ECB’s Strategic Review, Negative Rates

Jan.24 — Bank of France Governor Francois Villeroy de Galhau discusses the European Central Bank’s strategic policy review and the usefulness of negative interest rates. He speaks with Bloomberg’s Francine Lacqua at the World Economic Forum’s annual meeting in Davos, Switzerland on “Bloomberg Surveillance.”

In This Story: France

France is a republic and the largest Western European nation. Through expansion and colonisation in the 17th and 18th centuries France became a great power and still retains territories around the world. It has a seat on the UN security council and is the world’s fourth most wealthy country with a high standard of living and strong cultural identity.

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  • In This Story: Switzerland

    Switzerland is a mountainous Central European country, home to numerous lakes, villages and the high peaks of the Alps. Its cities contain medieval quarters, with landmarks like capital Bern’s Zytglogge clock tower and Lucerne’s wooden chapel bridge. The country is also known for its ski resorts and hiking trails. Banking and finance are key industries, and Swiss watches and chocolate are world renowned.

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