Moody's on France: high tax, regulatory burden, inability to reverse rising public debt trend

Author: Eamonn Sheridan | Category: News

Moody's ratings agency with their assessment of France. 

  • Says structural reforms key to evolution of France's credit profile
  • Says weaknesses stem from structural challenges linked to high tax, regulatory burden, inability to reverse rising public debt trend
  • Remains to be seen whether France's fiscal strategy will succeed after "material concessions in wake of eruption of yellow vest protests"
  • Says given it will take time for structural reforms to show results in France, positive outlook will likely only be resolved in early 2020
And, on a more positive note:
  • France's credit strengths include high levels of economic and institutional strength

Moody's ratings agency with their assessment of France. 


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