Fresh data from the Banque de France show a sudden rise in outflows in October and November, registered in the so-called Target2 payments system of the European Central Bank.
Simon Ward from Henderson Global Investors said the net loss of funds was €53bn (£43.8bn) over the two months, roughly the period when Mr Holland unveiled a string of tax rises and suffered a collapse in relations with French business.
A key gauge of the French money supply -- six-month real M1 -- has been contracting at an accelerating rate ever since Mr Holland's election in May.
Source: London Daily Telegraph. Read full article. (link)