The recent fall of the French government, the fourth in two years, complicates the country's economic situation, with a deficit of 5.8% and a public debt that has reached 114% of GDP. Austerity proposals have been rejected, and President Macron may appoint a new prime minister to find a consensus. The diversity of political opinion makes quick solutions difficult, and financial markets are becoming increasingly sensitive to instability. Compared to Germany, France has a more precarious fiscal situation, which could affect the entire Eurozone in the long term.
Sources
ANALIZĂ XTB: Parisul se confruntă cu o nouă criză politică. Instabilitatea ameninţă economia şi pieţele. Pe traseul actual, cu un deficit de 5,8% anul trecut, Franţa ar fi pe cale să ajungă la o povară a datoriei care ar gâtui economia reală
ANALIZĂ XTB: Parisul se confruntă cu o nouă criză politică. Instabilitatea amenință economia și piețele
Măsurile de austeritate au doborât guvernul Franței: Instabilitatea amenință economia și piețele
ANALIZĂ XTB, Claudiu Cazacu: Parisul se confruntă cu o nouă criză politică. Instabilitatea amenință economia și piețele
Latest News
22:50
Tánczos Barna accuses the Government of cutting over 400 million lei from the national funds of the Ministry of Agriculture and Rural Development
22:21
A record number of Americans voted early, ahead of the U.S. midterm elections
21:50
Donald Trump is pressuring Lithuania to resume Belarusian potash exports through the port of Klaipėda
21:45
Karol Nawrocki interrupted his trip to Senegal after police entered the headquarters of the Constitutional Tribunal
21:23
BYD will bring intelligent driving technologies to Europe over the next 15 months
See more news