|
Non je ne regrette rien
- Following a relatively calm period in Europe of late as attention focused on events in the US and Middle East, political risks have come to the fore once more in France.
- What has been surprising is the relatively muted market reaction to the events in France, compared to the ructions following the announcement of parliamentary elections by President Macron in June 2024.
- Nonetheless, it is unlikely a future administration in this Parliament will have the numbers to push through the necessary cuts. Which could bring vulnerabilities into sharper focus for investors in the coming months.
|
|
