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Voters warned Le Pen's plan to leave Eurozone would cost €30bn a year

Far right leader and presidential candidate Marine Le Pen arrives on Monday to pay homage to the 86 victims of an attack last year, in Nice. Picture by Christian Alminana, AP

PRESIDENTIAL candidate Marine Le Pen's proposal to leave the euro currency would cost France more than €30 billion (£25bn) a year in extra debt interest, the country's central bank chief has said.

Francois Villeroy de Galhau vigorously defended the euro on France-Inter radio, warning voters not to believe Ms Le Pen's nationalist promises of stronger purchasing power if France abandons the shared currency.

Mr Villeroy de Galhau said leaving the euro would unleash high inflation, devastating individuals' savings.

A major question is how Ms Le Pen would handle France's considerable debt.

She said last week she would redenominate most of it into a new currency.

The central bank chief estimated that the extra debt interest would be more than €30bn a year, roughly equivalent to France's entire military budget.

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