Mélenchon’s allies try to temper his debt write-off rhetoric
Economic advisers to the far-left candidate are attempting to shift the debate as their champion calls to write off parts of France's sovereign debt.
French presidential candidate Jean-Luc Mélenchon's campaign has been marked by his controversial plan to write off billions of euros in French debt. His allies are now trying to clarify what he means by his rhetoric, which has caused controversy among opponents and central bankers. Economists affiliated with Mélenchon's party argue that his "freezing" of debt in the Bank of France is not the same as cancellation, but the 75-year-old remains adamant about his stance.
Written by urgent.news from Politico EU's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
