France's Budget Deficit Comes In Narrower Than Expected [Yahoo! Finance Canada]
Moody's Corporation (MCO)
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Source: Yahoo! Finance Canada
Most Read from Bloomberg The gap widened to 5.8% of economic output from 5.4% in 2023, statistics agency Insee said Thursday. The Finance Ministry had forecast a larger deterioration, to about 6%. The smaller shortfall provides some relief for France after setbacks on deficit reduction following the Covid and inflation crises. The country's fiscal difficulties coincided with prolonged political uncertainty after snap elections last year, sparking a bond-market selloff. The result also gives the government a better starting point as it seeks to bring the deficit down to 5.4% of gross domestic product this year and within the European Union limit of 3% by 2029. Those plans face mounting challenges due to weak economic growth and President Emmanuel Macron's pledges to ramp up defense spending as part of a wider European rearmament. Even if military outlays increase, Finance Minister Eric Lombard has said France won't deviate from its desired trajectory for public finances, imply
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MCO
Earnings
- 10/23/25 - Beat
MCO
Sec Filings
- 12/19/25 - Form 8-K
- 12/16/25 - Form 4
- 12/16/25 - Form 4
- MCO's page on the SEC website