Sat, December 7, 2024
[ Sat, Dec 07th 2024 ]: BBC
No more Mr Nice Guy for Keir Starmer
[ Sat, Dec 07th 2024 ]: Salon
Welcome to the New Dark Ages
[ Sat, Dec 07th 2024 ]: Associated Press
The Definitive Source
Fri, December 6, 2024
Thu, December 5, 2024
[ Thu, Dec 05th 2024 ]: The Economist
King Donald's Wizard
[ Thu, Dec 05th 2024 ]: Fox News
Fox News Politics: Defining DOGE
[ Thu, Dec 05th 2024 ]: RealClearPolitics
The Milei Revolution
[ Thu, Dec 05th 2024 ]: Mercury News
California Politics

What next for France's finances after the government's collapse?


  Copy link into your clipboard //politics-government.news-articles.net/content/ .. -s-finances-after-the-government-s-collapse.html
  Print publication without navigation Published in Politics and Government on by MSN
          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source


  Without a new budget, the country is facing a deficit of up to 6.6% of the GDP in 2025, more than double the European Union's standard. View on euronews

The article discusses the political and economic implications following the collapse of the French government led by Prime Minister Elisabeth Borne. After President Emmanuel Macron dissolved the National Assembly and called for snap elections, France faces a period of uncertainty regarding its financial management. The article highlights several key points: the potential for a hung parliament, which could complicate budget negotiations and delay necessary reforms; the impact on France's already strained public finances, with a high debt-to-GDP ratio and ongoing deficits; and the possible influence of far-right and far-left parties, which could push for different economic policies. Analysts suggest that this political instability might lead to a delay in implementing crucial economic reforms, potentially affecting France's credit rating and its ability to meet EU fiscal rules. The situation has also raised concerns about France's economic stability, with investors and rating agencies closely watching the developments.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/politics/government/what-next-for-france-s-finances-after-the-government-s-collapse/ar-AA1voGUl ]

Publication Contributing Sources