• Fitch - victory of Emmanuel Macron over Marine Le Pen in french presidential election removes risk of near-term political shock to France, wider Europe

Market news

8 May 2017

Fitch - victory of Emmanuel Macron over Marine Le Pen in french presidential election removes risk of near-term political shock to France, wider Europe

  • French election reduces political risk; challenges ahead

  • French election result supports Fitch's assumption that France will remain a member of EU and Eurozone

  • No immediate rating impact on four Italian OBG from bank downgrades


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