Business Banque de France eliminates any risk of shortage of...

Banque de France eliminates any risk of shortage of banknotes

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"No, there is no risk of a shortage", Erick Lacourrège, director general of economic services and the network of the Banque de France, told AFP. "It would have to be blocked for whole months, which is totally illusory"he continued, referring to the risks of a shortage of banknotes hovering since the call to block, last Friday, cash centers in the north of the country. These sites process and manage banknotes: they sort them, replace them, throw them away and ensure their good circulation.

This call for a strike launched by the CGT was initiated within the framework of the protest movements against the pension reform and aims "The withdrawal of the reform", according to a press release. "Withdrawal or more withdrawal", tweeted the union on January 10. This announcement of a mobilization "Renewable blocking", from this Monday, has caused serious concern because it concerns two strategic ticket centers "Very large": a site in Courneuve, in Seine-Saint-Denis, and another in Hauts-de-France, near Lille. They handle more than 25% of banknotes in the country, on 37 sites spread across France.

"Their blockage could disrupt the supply of ATMs", brandished the union as a threat. Although the CGT is considering expanding the movement elsewhere in France, the Banque de France has refuted any risk of a shortage that would directly or indirectly affect the circulation of banknotes in the country. "We have made arrangements to have enough stock with industry players – money carriers and banks – to supply distributors for several days or even weeks", Erick Lacourrège told AFP. The representative of the institution clarified that a general meeting of the CGT was held on the sidewalk in front of the Paris site but that there was no "Blocking access".

"We will see how the situation evolves, but the assumption of the total blocking of the site is weak at this stage", he tempered. “If one center out of 37 was blocked, there would still be tickets. If access were blocked, it would disrupt the activity of the center but would have no impact on the public behind it ".

»SEE ALSO – Poll: Macron suffers" the price of conflict "from pension reform

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