Schenoni: French protests driven by fiscal deficits, not civilizational clash
Published 2 d ago1 sourceEvidence: Reported
Eurobank highlights the difficulty of fiscal consolidation in France ahead of the 2027 presidential elections, citing electoral risk as a constraint. The warning underscores market concerns about France's debt trajectory and political gridlock. The exact fiscal measures and timing remain uncertain, but the risk of delayed adjustment is elevated.
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