EZB8RISK / Market Briefing

France's political and fiscal crisis keeps deepening, with Moody's flagging no quick fix to the fragmentation and investors pulling back from French assets. Social strain is adding

France's political and fiscal crisis keeps deepening, with Moody's flagging no quick fix to the fragmentation and investors pulling back from French assets. Social strain is adding pressure, as school protests have escalated into riots closing hundreds of high schools. Meanwhile, Paris is weighing a release of oil and diesel reserves under US pressure ahead of a G7 videocall, tying energy policy into an already crowded political mix.

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