As France’s Nationwide Meeting voted to oust Prime Minister Michel Barnier’s authorities, we take a look at how markets have responded to the information. Chief amongst investor issues are what this newest chapter in French political life will imply for the nation’s rising nationwide deficit and its potential to repay debt. Credit score rankings company Moody’s stated in a notice this Thursday that the ouster of the federal government “reduces the chance of a consolidation of public funds”.
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