The governor of the Banque de France responds to accusations about his expense stories | EUROtoday

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HASthe day after the publication of an article from World who accuses him of exorbitant expense stories amounting to 50,700 euros in 2023, the governor of the Banque de France, François Villeroy de Galhau, insisted on exercising a proper of reply on the establishment's web site, making a part of his “astonishment”. In the latter, he denounces a “purely personal attack” and “without any basis” made towards him, earlier than contesting all of the factors listed within the each day article.

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Thus, though the supervisor doesn’t query the figures put ahead by the newspaper, the latter first justified the quantities of its aircraft prices (27,149 euros) in enterprise class to the detriment of financial system class, for causes of “work, security, and confidentiality”. François Villeroy de Galhau additionally factors out that “the article should have started by specifying that all of these trips correspond to the European and international obligations of the Banque de France”.

While The world claimed that the governor favors rooms in 4 and 5 star resorts, the latter believes that the info had been twisted within the article. “It’s false,” identified the primary individual involved, who, to justify himself, listed an inventory of a number of examples.

“Is this the desire to harm the Bank of France? »

Thus, during a stay in Frankfurt in May 2023, François Villeroy de Galhau would have preferred to stay in a hotel “with a lower budget than that negotiated at the ECB, at 134 euros per night”. In Bangalore (India), his keep happened in a 368 euro resort as a result of a alternative “imposed by the location of the G20 and the organizers themselves”. As for the “special case” of his evening throughout the World Forum in Davos at 862 euros, the article uncared for, in response to him, to specify that “I limited the duration of my stay to a minimum: a single night for three public interventions of the Bank of France. Apart from the particular case of Davos, the average cost per night would thus be 265 euros, i.e. “a controlled budget compared to large destination cities”, he defined.

READ ALSO French belongings have elevated by 61% in fifteen yearsIn his proper of reply, François Villeroy de Galhau additionally questions the explanations for such an article. “Is this the desire to harm the Banque de France, and prevent it from carrying out its European and international missions? » he wrote. Visibly angry at such accusations of excessive spending, the governor again accused The world to “give in to a populist temptation”.