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Hello, is this the IMF? France calling...
France’s fiscal position is now the most parlous of any country in the eurozone. Not only is government debt high, but for more worrying for its long-term sustainability, primary expenditure (i.e., excluding interest charges) is not covered by tax revenues. This has been the situation for the past 23 years. No other country can claim such complacency from the markets, which is why other governments are at least trying to balance their primary budgets. The political situation is e...
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Oddo BHF
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Bruno Cavalier
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