French presidential candidate and far-right National Rally leader Marine Le Pen has put forward an ambitious new fiscal plan, with the goal of reducing France's fiscal deficit to below 3% of gross domestic product (GDP) by 2032.
Le Pen unveiled the National Rally's budget proposal for next year on Tuesday, a plan that would be implemented if she wins the upcoming French presidential election.
As concerns over France's political outlook and swelling debt trigger turbulence in the bond market, she is seeking to reassure investors.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments