Country: FR | Published: 2026-09-19
French assets remain anchored to the fiscal story, with the government's €54 billion savings plan now framed against a finance ministry forecast of record debt next year approachin
French assets remain anchored to the fiscal story, with the government's €54 billion savings plan now framed against a finance ministry forecast of record debt next year approaching 120% of GDP. A ratings downgrade to A+ adds pressure on the credibility question that has driven the bond risk premium to multi-year highs. Geopolitical friction with Russia over a French subsidiary's administration adds a secondary layer of uncertainty, while street protests over the budget keep the political backdrop tense.