Wednesday, 12 June 2024

Fitch: France snap election increases fiscal and reform uncertainty

by BD Banks

Fitch is on the wires sayin:

  • France’s snap election heightens fiscal and reform uncertainty
  • Calling of snap election in France has increased uncertainty around policy settings.
  • Outcome to influence the scope, nature of fiscal consolidation measures, and may increase challenges to policy implementation.
  • Expect France to be placed under excessive deficit procedure this year.

This article was written by Greg Michalowski at www.forexlive.com.

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