Fitch cut deepens new French PM's uphill battle to pass first budget
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Fitch cut deepens new French PM's uphill battle to pass first budget
Fitch's downgrade of France's credit rating has added pressure on newly appointed Prime Minister Sebastien Lecornu as he launches budget talks, facing looming union strikes over spending cuts and business pushback against possible tax hikes. Citing political instability and rising debt, Fitch cut i»»»
Fitch Downgrade Casts Shadow over New French PM's Budget Battles
Fitch's downgrade of France's credit rating has cast a pall over newly installed Prime Minister Sebastien Lecornu as he begins talks to draft a budget, while unions plan strikes over spending cuts and employers protest against the threat of tax hikes. Citing political instability and rising debt, F»»»
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