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French Markets Rebound After Barnier's Latest Budget Compromise.
- Source :
- Bloomberg.com; 12/2/2024, pN.PAG-N.PAG, 1p
- Publication Year :
- 2024
-
Abstract
- French markets experienced a rebound following Prime Minister Michel Barnier's government's compromise on the 2025 budget, conceding to some demands from the far-right party. The spread between French and German notes narrowed, and French stocks rose after initial losses. The political crisis has impacted the outlook for the euro and French securities, with concerns about the deficit widening and potential market volatility. Despite some concessions, the fiscal tightening necessary to stabilize the deficit may be compromised, leading to uncertainty in the market. [Extracted from the article]
- Subjects :
- INVESTORS
PUBLIC debts
SPREAD (Finance)
STOCK prices
BUDGET
Subjects
Details
- Language :
- English
- Database :
- Complementary Index
- Journal :
- Bloomberg.com
- Publication Type :
- Periodical
- Accession number :
- 181254704