"Additionally (And importantly), France pays interest on deposits by member countries, and at a fixed 0.7% rate, even when actual interest rates on the market were negative. This is a net loss of money for France."
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That is a deliberate manipulation from your side, interest rates are usually higher than 0.7%. Most of the time it is not a net loss for France but a net gain. Negative interest rates happen far more rarely than positive interest rate. Currently French long term interest rates is at 2.69%.
And then you have the value of someone depositing money in your bank instead of theirs which gives a higher amount of deposits.
Since you are so obviously manipulating in that comment, one must assume that your whole text is nothing but manipulation and lies.
ZZAABB1122 t1_jaauj9u wrote
Reply to comment by Vanished_Elephant in Macron flies to Africa to counter waning French influence by HRJafael
You write that
"Additionally (And importantly), France pays interest on deposits by member countries, and at a fixed 0.7% rate, even when actual interest rates on the market were negative. This is a net loss of money for France."
​
That is a deliberate manipulation from your side, interest rates are usually higher than 0.7%. Most of the time it is not a net loss for France but a net gain. Negative interest rates happen far more rarely than positive interest rate. Currently French long term interest rates is at 2.69%.
And then you have the value of someone depositing money in your bank instead of theirs which gives a higher amount of deposits.
Since you are so obviously manipulating in that comment, one must assume that your whole text is nothing but manipulation and lies.