Mélenchon vows legal action against Banque de France governor over debt remarks

Jean-Luc Mélenchon, the La France insoumise presidential contender, declared that his movement would prosecute Banque de France governor Emmanuel Moulin for treason if they assume power in 2027. Mélenchon argues that Moulin’s recent interview, in which he suggested that high interest rates might “strangle” France and warned against treating the country like Greece, implicitly calls on market speculators to sanction France.

He labeled the governor’s remarks a betrayal and asserted that legal action would not be barred by any prescription period. Moulin, a former close collaborator of President Macron, has previously dismissed Mélenchon’s proposal to cancel the French debt held by the European Central Bank as illegal and dangerous. The governor’s office did not respond to Mélenchon’s statements on X. The dispute highlights ongoing tensions between the candidate’s debt-cancellation platform and France’s central banking authority.