Macron's call for elections in France raises fears of financial problems
Investors made clear on Tuesday the depth of their concerns over President Emmanuel Macron's gamble to call a new election in France, driving up the nation's borrowing costs, pushing down stock prices and prompting ratings agency Moody's to warn that it could downgrade French sovereign debt as a risk. increase in political instability.Macron's dissolution of Parliament's lower house on Sunday, after his party was beaten by Marine Le Pen's far-right party in European Parliament elections, has sparked concerns that the government could reach a stalemate . The turmoil has focused attention on France's fragile finances and the prospect of a legislative deadlock that could undermine the government's ability to deal with it.“This decision will not alleviate the ...