Macron reforms are encouraging, ECB chief economist says - Les Echos


  • World
  • Friday, 29 Sep 2017

Peter Praet speaks during a conference in Brussels, Belgium, May 19, 2017. REUTERS/Francois Lenoir

FRANKFURT (Reuters) - European reform proposals put forward by French President Emmanuel Macron are bold and encouraging, even if they are yet to be implemented, European Central Bank Chief Economist Peter Praet told French newspaper Les Echos in an interview.

"This is no longer the policy of small steps; this time the bar has been set very high," Praet was quoted on Thursday as saying. "Now the reforms need to be implemented and supported by the public."

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