Fitch is on the wires sayin:
- France’s snap election heightens fiscal and reform uncertainty
- Calling of snap election in France has increased uncertainty around policy settings.
- Outcome to influence the scope, nature of fiscal consolidation measures, and may increase challenges to policy implementation.
- Expect France to be placed under excessive deficit procedure this year.
This article was written by Greg Michalowski at www.forexlive.com.
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