Thursday, August 28, 2014

Moody’s gives high marks to Holland – Challenges.fr

Better than a letter of congratulations … Moody’s released on August 27th, in a note to investors that the American rating agency braid praises Francis Holland and Manuel Valls. Welcoming the “most consistent” appointment of a government that will “pursue the new economic policies of President Holland with more vigor,” the authors of this points to the “major change” occurred yesterday noted, “replacing Arnaud Montebourg by Emmanuel Macron. “

Moody’s does not seem to doubt the ability of the new team to manage the pitfalls of parliamentary rebellion led by those she calls” socialist parliamentarians who lean left. “

We That expect the new government has majorité Will Maintain in parliament

It also anticipates some benevolence of the European Commission regarding the reduction targets deficits: “We expect that France has a new respite considering its obvious political difficulties and weakness in economic activity,” it said in the note

. The agency plans a public deficit to 4.2% in 2014 and 3.7% in 2015 As for growth she does not see more than 0.5%, “is one of the most low eurozone in 2014. “

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