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France's Debt Reduction Target Questioned by Rating Agencies /
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2024-06-24 07:01:01

France's Debt Reduction Target Questioned by Rating Agencies on Nostr: French election raises concerns about financial markets as debt woes mount ...

French election raises concerns about financial markets as debt woes mount
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#d044f1de ver:0.15

Concerns rise over French financial markets as debt woes mount amid snap election. Far-right National Rally's strong showing rattles markets, causing stock market to sink 6% and bonds to sell off. Macron's centrist coalition losing support, far-left New Popular Front and National Rally poised to shape new government. Both parties support expensive programs despite large deficit. France's deficit is second-largest in EU, making it vulnerable to bond-market pressures. Standard & Poor's downgrades credit rating, raising concerns of potential debt crisis. ECB prepared to intervene if new government's spending policies disrupt markets. #FrenchElection #FinancialMarkets #DebtWoes...

#newstr #FrenchElections #ParliamentaryElections #JeanlucMélenchon #NpfAlliance #Macron #LePen #EconomicTrust #Inflation

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