Riots push French borrowing costs to two thousand two highs

France's unrest is fueling investor concerns over the country's fiscal outlook after borrowing costs hit their highest level since two thousand two earlier this week.

Moody's keeps France's rating but warns on politics

Rating agency Moody's kept its Aa three credit rating on France, a level it deems high grade, but maintained its negative outlook on the nation.

“The negative outlook reflects the increased risk that the fragmentation of France's political landscape will continue to impair the functioning of the country's legislative institutions.”

Can France's government pass its budget?

France's government aims to reduce the budget deficit to five percent of GDP in twenty twenty-seven, from a projected five point four percent in twenty twenty-six.

National Assembly resumes budget debate October twenty-seventh

The National Assembly is due to resume debating the budget's tax measures on October twenty-seventh, but opposition lawmakers are resisting the plans.

Government has tools to bypass parliament

The government could invoke Article forty nine point three to push a bill through the assembly without a final vote, or use executive ordinances to pass its budget.

More protests planned for this weekend and beyond

Fresh demonstrations are planned for October twenty-fourth, and a union-backed national day of strikes and protests is set for November fifth, with Yellow Vest protestors calling for further rallies.

Unrest threatens France's already weak growth

France expected GDP growth of just zero point three percent in twenty twenty-six and zero point six percent in twenty twenty-seven. If unrest continues, growth could be even weaker.

“These events further darken an economic outlook that was already unfavorable.”

Retail, tourism and transport face direct exposure

France's CAC forty has fallen four point five percent over the past month. ING identified retail, hospitality and tourism, and transport and logistics as most directly exposed to turmoil.

Carrefour cuts outlook citing unrest and energy costs

Carrefour shares plunged more than fourteen percent Wednesday after the supermarket giant cut its profit outlook and reduced investment, citing unrest and rising energy costs.

“unprecedented situation”

Luxury sector risks tourism and tax-free sales hit

LVMH has relatively limited direct exposure to the French market, with France accounting for just eight percent of its twenty twenty-five revenue.