Economy News France Will Cut Spending As It Sees A Weaker Economy Ahead

France’s economy minister warns latest credit downgrade a 'wake-up call'

A fresh downgrade to France’s credit rating has sharpened calls for action in Paris, with ministers urging unity to get the 2026 budget over the line. Read More

S&P hands crisis-prone France surprise downgrade

S&P Global downgraded France's rating a notch on Friday in a surprise update on the euro zone's second-biggest economy, warning that political instability put the government's efforts to repair its ... Read More

France knows it must cut deficit and that calms markets, IMF says

WASHINGTON (Reuters) -French politicians agree that public finances need to be shored up and this consensus keeps financial markets calm despite the political instability France has been experiencing ... Read More

Fall of yet another premier will make it hard for France to fix its finances. What’s behind its debt problem?

While France has a long history of hefty overspending, economists say political turmoil – which has stalled policymaking – is bringing the country’s debt problem to a head. Read More

Political deadlock and spending on dual crises leaves French finances in disarray

A political deadlock in parliament has left President Emmanuel Macron struggling to reduce an out-of-control deficit. Investors have sold off the country’s bonds. Ratings agencies have downgraded its ... Read More

Political Turmoil in France Weighs on Businesses and Investors

As a new prime minister seeks stability, three government shake-ups since last summer have already taken their toll on the French economy. Read More