French parliamentary elections raise concerns about financial markets as debt woes mount
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#d044f1de ver:0.17

Concerns rise over French financial markets as debt woes mount. Macron's snap election has rattled investors, with far-right National Rally's strong showing causing stock market to sink 6% and bonds to sell off. New government likely to be shaped by far-left New Popular Front and National Rally, both supporting expensive programs despite large deficit. France's credit rating downgraded, raising fears of debt crisis. ECB prepared to intervene in bond market if new government's spending disrupts markets. First round of elections on June 24, likely 'hung parliament' scenario. #France #Elections #FinancialMarkets #DebtCrisis...

#newstr #FrenchParliamentaryElections #FinancialMarkets #DebtWoes #EuropeanStockMarkets 

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