From Investing.com: 2024-07-09 10:16:10

Moody’s warns that France’s credit rating could suffer due to parliamentary election results, hindering decision-making and debt control. Left-wing surge prevents Marine Le Pen from taking power, leaving options like a weak coalition. Fiscal consolidation unlikely in 2025 with already high tax burden. Rating triggers include debt levels and reforms reversal. French institutions face tough test.



Read more at Investing.com: France’s election outcome ‘negative’ for credit rating, Moody’s warns By Reuters