Looks like the gloves are off.
The chairman of the French central bank, has suggested that the UK credit rating should be downgraded from it's AAA
He said that the UK deficit was bigger, the inflation higher and the economy weaker than France.
How on earth can 'the European Community' allow the Bank of France head honcho make such suggestions to 'take-out' the Bank of England?
I hope that DC is able to come up with suitable counterpunch.
Should be a very interesting Anglo-French conference soon.
And still the key 'papers' for Eurozone are blank. Pah!!
French banker says UK should be downgraded first
The chairman of the French central bank, Christian Noyer, has said ratings agencies should downgrade the UK before France because its economy is weaker.
Source:-
http://www.bbc.co.uk/news/world-europe-16207748