Uncertainty is expected to plague Paris in 2025, as Macron admits snap elections were a mistake [CNBC]
Moody's Corporation (MCO)
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Source: CNBC
A new minority government is in place but it faces the same challenges as before — how to get political rivals in France's National Assembly to agree to spending and taxation plans for 2025. France's budget deficit is seen standing at 6.1% in 2024 and its debt pile at 112% of gross domestic product. As France enters the new year, there's little hope that the political and economic uncertainty that's been plaguing the euro zone's second-largest economy for months will disappear in 2025. France was plunged into a political crisis last summer when snap parliamentary elections, called by President Emmanuel Macron, failed to produce a decisive result, with both far-left and far-right parties claiming victory in the polls. Amid infighting over who should govern, Macron installed a centrist, conservative government which proved to be short-lived, with arguments over France's 2025 budget sowing the seeds of its downfall — at the hands of the far left and far right — in a confidence v
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MCO
News
- Moody's Co. (NYSE: MCO) had its price target raised by analysts at Oppenheimer Holdings Inc. from $543.00 to $545.00. They now have an "outperform" rating on the stock.MarketBeat
- Paris faces uncertain 2025 as Macron admits snap elections destabilized France [MSNBC.com]MSNBC.com
- Uncertainty is expected to plague Paris in 2025, as Macron admits snap elections destabilized France [MSNBC.com]MSNBC.com
- How Credit Rating Agencies Overplayed The Sovereign Credit Rating Card [Forbes]Forbes
- Republicans will still have to deal with the debt ceiling in 2025. Here's what you need to know [CNN]CNN
MCO
Earnings
- 10/22/24 - Beat
MCO
Sec Filings
- 1/3/25 - Form 4
- 1/3/25 - Form 4
- 1/2/25 - Form 144
- MCO's page on the SEC website