The Banque de France is an integral part of the European System of Central Banks, established by Article 8 of the Treaty establishing the European Community, and participates in the performance of the tasks and observance of the objectives assigned to it by the Treaty.
Within this framework, and without prejudice to the primary objective of price stability, the Banque de France supports the Government’s general economic policy.
In the performance of its tasks in connection with its participation in the European System of Central Banks, the Banque de France, in the person of its Governor or Deputy Governors, may neither seek nor take instructions from the Government or from any other person.