(Repeats headline)
PARIS, March 17 (Reuters) - The European Central Bank's
decision to raise interest rates by half a point on Thursday
reflects the central bank's priority to fight inflation and also
signals strong confidence in the solidity of European banks,
French ECB policymaker Francois Villeroy de Galhau said on
Friday.
"French and European banks are very solid," Villeroy, who is
also governor of the French central bank, said on BFM business
radio.
The European Central Bank (ECB) raised rates by half a point
on Thursday, even though some investors had thought the turmoil
in financial markets would deter it from delivering another
hefty hike.
(Reporting by Dominique Vidalon; Editing by Benoit Van
Overstraeten)
Messaging: dominique.vidalon.reuters.com@reuters.net))
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