The struggling eurozone's policies have not delivered economic rewards and there is a real risk of deflation, French Prime Minister Manuel Valls said on Friday, reports GlobalPost.
"The economic policies of the eurozone are not effective," Valls said, adding that they "sadly take a long time to have an effect".
"There is a real risk of deflation," Valls said "because at the European level, growth and inflation are lower than what we might have expected".
His comments came ahead of a key meeting of the European Central Bank next week, and as key indicators for the French economy suggest that it is lagging behind the recovery of other leading economies in the European Union.
Valls said the ECB was "powerless" in the face of low inflation and added that the coming months would be "difficult" for Europe.
Read more of this AFP report published by GlobalPost.