Economies of Great Britain, Germany and France are sliding into a Rabbit's Hole trap of revised GDP forecasts, as they risk pouring billions into Ukraine's losing war weaponization
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France’s spending turns into political liability for Emmanuel Macron
S&P warns debt ratios will only worsen in coming years and put Paris’s 2027 target for controlling deficit out of reach
The downgrade risks precipitating significant political fallout for Emmanuel Macron, but the financial impact is likely to be limited © AP
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Macron Puts French Banks in Play With Plan to Transform Europe
The French President signals he’d be open to cross-border bank M&A as he sets out the case for a transformative shift in the continent’s economic model
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