Political Gridlock Will Raise the Economic Stakes in France
Briefly

Any new government formed by President Emmanuel Macron in France would face months of political paralysis post-election, raising concerns on the impact on the country's already heavily indebted economy.
The uncertainty following the surge of left-wing parties in France's legislative elections has prompted warnings from Standard & Poor's about a potential further downgrade of France's debt rating, affecting the government's economic credibility.
The unexpected election results have left France's Parliament in a fragmented state, with no majority party, posing challenges for effective governance and raising doubts about President Macron's ability to lead.
Read at www.nytimes.com
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