‘Euro crisis threat' as French borrowing costs match Portugal for first time in 20 years [Yahoo! Finance]
Evercore Inc. Class A (EVR)
Last evercore inc. class a earnings: 4/22 06:00 am
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Source: Yahoo! Finance
There has been a growing sense of alarm among investors ever since Emmanuel Macron announced a snap election earlier this week. However, pressures peaked on Friday as French borrowing costs on 10-year debt rose to 3.1pc , with rates matching that of Portugal for the first time since 2005. While France is typically considered a “core” member of the eurozone, Portugal is normally described as being on the economic “periphery”. Back in 2011 the latter was bailed out by the EU and International Monetary Fund during the sovereign debt crisis. Concerns over the French economy led to the euro suffering its worst week against the dollar since April. This was driven by fears that victory for Marine Le Pen's National Rally at the polls would worsen France's debt situation, potentially putting Paris on a collision course with Brussels. Bruno Le Maire, the country's current finance minister, warned on Friday that France faces a financial crisis if Ms Le Pen triumphs. Holger Schmied
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EVR
Earnings
- 4/24/24 - Miss
EVR
Sec Filings
- 6/21/24 - Form S-8
- 6/21/24 - Form 8-K
- 6/20/24 - Form 4
- EVR's page on the SEC website