Date: 5 months ago   Category: Economy

Moody's has estimated the new economic program of Macron - RIA Novosti, 5/10/2017


Leader of the movement En Marche Emmanuel Macron. Archival photo
MOSCOW, on May 10 — RIA Novosti. The policy of the elected president of France Emmanuel Macron is positive for the country, however isn't clear yet whether his initiatives will be carried out, writes the international rating agency Moody's.© RIA Novosti. Irina Kalashnikovapereyti in a fotobankpereformatirovaniye of the EU: France the day before капитуляцииВ Sunday in France there has taken place the second round of presidential elections. The ex-Minister of Economics of the country, the founder of the movement "Vpered" Emmanuel Macron has won with result of 66,1%. The party leader National Front Marine Le Pen has received over 10,6 million votes (33,9%). Candidates of "traditional", largest parties of France — "Republicans" and "Socialist party" — in the second round haven't broken through. Elections to National assembly (the lower house of parliament) will take place in France on June 11 and 18. "The new political platform of the elected president of France Emmanuel Macron is in general positive for France as she is directed ​​ to increase in medium-term growth of economy taking into account gradual consolidation of debt. However results of elections to legislature of France in June will have crucial importance for definition of whether the new president will be able to implement the political plans" — it is said in сообщении.© by RIA Novosti. Irina Kalashnikovapereyti in фотобанкАналитик called Macron's victory "minus" in an European integration moneybox" Ability of the French politicians to develop and to successfully carry out measures which promote economic growth and support fiscal consolidation eventually, will influence the sovereign rating of France and the forecast for him in the medium term. The new president will face tests in all these areas" — are quoted the senior vice-president of Moody's Sara Carlson (Sarah Carlson) in release. The public debt of France makes nearly 100% of GDP and will hardly significantly decrease until the end of this decade, notes the agency. At the same time the potential of economic growth in France is rather small: rates of increase will hardly be higher than 1,5%, without essential reforms. Your browser doesn't support this format of video.

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