Financial Markets

Economy

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Can financial markets put pressure on a powerful country like France, the world’s eighth-largest economy? It is better not to test it. The UK has found that out several times. An analysis by Institut Montaigne found that promises made before the election by the leftist New Popular Front would increase France’s annual budget spending by €95 billion and the state finance deficit by 3.6 percent of GDP.

Economy

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The European Central Bank (ECB) has increased its base interest rates ten times before announcing a pause. During the October meeting, the Governing Council of this financial institution, which met in Athens, decided to halt the record-fast cycle of interest rate hikes. For many borrowers, the most pressing question is, “When will the reduction begin?” However, it is also worth considering the question of quantitative tightening.