France to sell bonds as Barnier vows to fix finances

Quick Summary:

France is selling bonds just days before Prime Minister Michel Barnier unveils detailed plans to control the government’s ballooning deficit and win back investor confidence.

French Prime Minister Michel Barnier.

The fiscal gap is forecast to widen to 6.1% of output this year, more than double the threshold demanded by the European Union.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaFrancePhilippines

Topics: Economy FrenchEconomy BudgetControl FiscalDeficit FranceBonds BondAuction EurozoneDebt InvestorConfidence PublicFinances /Business/Business News

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-04 @ 00:00:00 (9 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 358 words

Reading Time: 2 minutes read

Sentences: 15 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 22870371

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About The Star

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 41 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 25 minutes ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #22

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