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<p>PARIS (AP) &#8212; France&#8217;s central bank chief says that presidential candidate Marine Le Pen&#8217;s proposal to leave the euro currency would cost the country more than 30 billion euros ($32 billion) a year in extra debt interest.</p><p>Francois Villeroy de Galhau vigorously defended the euro on France-Inter radio Monday, warning voters not to believe Le Pen&#8217;s nationalist promises of stronger purchasing power if France abandons the shared currency.</p><p>Villeroy de Galhau said leaving the euro would unleash high inflation, devastating individuals&#8217; savings.</p><p>A major question is how Le Pen would handle France&#8217;s considerable debt. She said last week she would redenominate most of it into a new currency.</p><p>The central bank chief estimated that the extra debt interest would be over 30 billion euros a year, roughly equivalent to France&#8217;s entire military budget.</p><style>
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<div class="neCaption">Big heads of French presidential candidates, Marine Le Pen, left, of the far-right National Front, and Francois Fillon of the right-wing Republicans party, join the Nice Carnival parade, Saturday, in Nice, southeastern France. Floats in the Carnival&#8217;s 133rd edition that kicked off on Saturday were led by the King of Energy, this year&#8217;s theme, and followed notably by a huge Donald Trump with hair dryers trained on his crown of blond hair. </div></div><div class="metaInfo"><photo0>https://www.timesleader.com/wp-content/uploads/2017/02/web1_115013261-d648081817204eadb52aa2447df6d854.jpg</photo0><caption0>Big heads of French presidential candidates, Marine Le Pen, left, of the far-right National Front, and Francois Fillon of the right-wing Republicans party, join the Nice Carnival parade, Saturday, in Nice, southeastern France. Floats in the Carnival&#8217;s 133rd edition that kicked off on Saturday were led by the King of Energy, this year&#8217;s theme, and followed notably by a huge Donald Trump with hair dryers trained on his crown of blond hair. </caption0><photoCredit0>Henri Grivot | AP Photo </photoCredit0></div></div>
<div class="metaInfo"><bylineMeta><p>By Associated Press</p></bylineMeta></div>

Top French banker: Le Pen’s euro exit would cost billions