The Governor of the Bank of France, François Villeroy de Galhau, announces his early withdrawal from office, leaving behind a French economy affected by instability.

François Villeroy de Galhau, the governor of the Bank of France, has surprisingly announced that he will retire in June, a year before the end of his second term. In a letter addressed to the staff, he mentioned that he has fulfilled his mission after nearly 11 years in office. Villeroy was appointed in 2015 and has led the bank through major economic crises, including the COVID-19 pandemic and the war in Ukraine. He has also implemented significant reforms, reducing staff and reorganizing the bank. His retirement comes in a difficult economic context for France, with rising public debt and an economy facing stagnation. Villeroy will take on a new mission in a Catholic foundation dedicated to child protection, continuing to serve the public interest. The French economy is in a precarious situation, with a significant trade deficit and rising debts affecting the financial stability of the country.