AGP Executive Report
Last update: 9 hours agoBusiness Confidence: French business activity contracted in October, while Moody’s kept France’s Aa3 rating but maintained a negative outlook. The agency expects the budget deficit to reach 5.2% of GDP in 2027; bond yields have also come under pressure, with 10-year borrowing costs briefly topping 5%. Retail Disruption: Saturday’s protests were less damaging than the previous weekend: authorities reported 24 businesses looted, down from 1,522, but retailers warned that closures and extra security are costing sales ahead of the holiday season. Unions have called a nationwide strike for November 5. Political Stakes: Marine Le Pen launched her presidential campaign amid unrest over living costs and public services, pledging to restore order and proposing lower business taxes and less bureaucracy.
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