18-July-2024
Economy News
 
France's election outcome 'negative' for credit rating, says Moody's
10-Jul-2024

The outcome of France's parliamentary election is negative for the country's credit rating, Moody's has warned, as a grand coalition would make decision-making and the task of bringing its debt under control more difficult. France is facing complex negotiations to form a government after a left-wing surge in elections on Sunday blocked Marine Le Pen's quest to bring the far right to power.

News Source:- https://www.business-standard.com/world-news/france-s-election-outcome-negative-for-credit-rating-says-moody-s-124070901265_1.html