Fitch downgrade to lowest level on record complicates new prime minister Sebastien Lecornu and President Emmanuel Macron’s efforts to control France’s finances
They need to increase spending and print money to spur investment and reduce the value of the debt relative to the economy. Lowering benefits and increasing government income reduces investment and stalls enconomies.
They need to increase spending and print money to spur investment and reduce the value of the debt relative to the economy. Lowering benefits and increasing government income reduces investment and stalls enconomies.
Yes they need to print Francs at the Federal Reserve in Paris/s