France's Debt Reduction Target Questioned by Rating Agencies on Nostr: French parliamentary elections raise concerns about financial markets as debt woes ...

French parliamentary elections raise concerns about financial markets as debt woes mount
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#d044f1de ver:0.16

Concerns rise over French financial markets as debt woes mount ahead of parliamentary elections. Macron's centrist coalition losing support, far-left and far-right parties poised to shape new government. Both parties support expensive programs despite large budget deficit. France's deficit is second-largest in EU, vulnerable to bond-market pressures. Standard & Poor's downgrades credit rating. French bond market becomes volatile, yield on 10-year government security rises. ECB prepared to intervene if new government's spending disrupts markets. #France #Elections #FinancialMarkets #DebtCrisis...

#newstr #FrenchParliamentaryElections #FinancialMarkets #DebtWoes #BondMarket #Ecb

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