ECB's Villeroy: Labour market conditions are in good shape

European Central Bank policymaker Francois Villeroy de Galhau said on Friday that inflation has stabilised at the targeted level, but the risks remain high.

Key quotes

Inflation has stabilised at the targeted level, but the risks remain high.
Economic activity is picking up faster than previously observed.
Labour market conditions are in good shape.
France must and can tackle its budget problems.