Moody's: French regional and local governments' 2017 outlook is stable
London, 30 November 2016-- The 2017 outlook for French regional and local governments is stable, says Moody's Public Sector Europe. "Fiscal consolidation pressure will persist due to falling central government transfers, but the sector is making progress towards stabilizing its operating margins and improving its cost efficiency," says Sebastien Hay, a Vice President Senior Credit Officer at Moody's. Moody's report, entitled "Regional and Local Governments-- France: 2017 Outlook--...
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