\nPie\u0163ele franceze au fost zguduite dup\u0103 ce S&P Global Ratings a redus nea\u015fteptat ratingul suveran al Fran\u0163ei, semnal\u00e2nd probleme fiscale persistente \u015fi risc\u00e2nd declan\u015farea v\u00e2nz\u0103rilor for\u0163ate de obliga\u0163iuni de c\u0103tre fonduri cu criterii stricte. Contractele futures pentru obliga\u0163iunile franceze pe 10 ani au sc\u0103zut cu 35 de puncte, ajung\u00e2nd la 122,80 \u00een Asia, \u00een timp ce obliga\u0163iunile germane au r\u0103mas relativ stabile, informeaz\u0103 Bloomberg.<\/p>\n
\nAceast\u0103 decizie marcheaz\u0103 pierderea ratingului double-A la dou\u0103 dintre cele trei mari agen\u0163ii de evaluare, \u00eentr-o perioad\u0103 de doar c\u00e2teva s\u0103pt\u0103m\u00e2ni. Drept consecin\u0163\u0103, fondurile cu reguli stricte de investi\u0163ii ar putea fi obligate s\u0103 v\u00e2nd\u0103 obliga\u0163iuni franceze. \u00cen septembrie, Fitch Ratings a redus deja ratingul Fran\u0163ei, iar Moody\u2019s urma s\u0103-\u015fi anun\u0163e verdictul vineri.<\/p>\n
\nReducerea ratingului S&P aduce din nou \u00een centrul aten\u0163iei politicile fiscale ale celei de-a doua economii din Uniunea European\u0103, \u00eentr-un context \u00een care Premierul Sebastien Lecornu \u00eencearc\u0103 s\u0103 treac\u0103 un buget printr-o Adunare Na\u0163ional\u0103 divizat\u0103. Lecornu a reu\u015fit s\u0103 r\u0103m\u00e2n\u0103 \u00een func\u0163ie s\u0103pt\u0103m\u00e2na trecut\u0103, oferind un impuls temporar pie\u0163elor locale, dar doar dup\u0103 ce a acceptat suspendarea reformei pensiilor propuse de Pre\u015fedintele Emmanuel Macron, menit\u0103 s\u0103 stabilizeze finan\u0163ele publice.<\/p>\n
\n\u201eAceast\u0103 mi\u015fcare surprinz\u0103toare va ad\u0103uga presiune asupra diferen\u0163ialelor dintre obliga\u0163iunile franceze \u015fi cele germane,\u201d a declarat Mohamed El-Erian, fost CEO al Pacific Investment Management Co.<\/p>\n
\nEl-Erian a ad\u0103ugat pe X: \u201ePe l\u00e2ng\u0103 cre\u015fterea costurilor de \u00eemprumut \u015fi afectarea prestigiului economic al Fran\u0163ei, acest downgrade zdruncin\u0103 \u00eencrederea \u00eentr-o regiune care are deja nevoie urgent\u0103 de reforme structurale pentru a stimula productivitatea \u015fi cre\u015fterea.\u201d<\/p>\n
\nDecizia S&P reprezint\u0103 un nou \u015foc pentru datoria francez\u0103. Costurile de \u00eemprumut ale Fran\u0163ei au r\u0103mas ridicate \u00een compara\u0163ie cu alte state ale zonei euro de c\u00e2nd Macron a convocat alegeri legislative anticipate anul trecut, care au dus la un parlament fragmentat. Blocajul politic a crescut randamentele obliga\u0163iunilor franceze peste nivelul unor \u0163\u0103ri cu rating mai sc\u0103zut, precum Grecia \u015fi Portugalia.<\/p>\n","protected":false},"excerpt":{"rendered":"
Pie\u0163ele franceze au fost zguduite dup\u0103 ce S&P Global Ratings a redus nea\u015fteptat ratingul suveran al Fran\u0163ei, semnal\u00e2nd probleme fiscale persistente \u015fi risc\u00e2nd declan\u015farea v\u00e2nz\u0103rilor for\u0163ate de obliga\u0163iuni de c\u0103tre fonduri cu criterii stricte. Contractele futures pentru obliga\u0163iunile franceze pe 10 ani au sc\u0103zut cu 35 de puncte, ajung\u00e2nd la 122,80 \u00een Asia, \u00een timp […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[510],"tags":[246,9895,9108,32611,7148,7909,7921,183,369,60,461,199,484,16892,7504,8316,7505,8327],"class_list":["post-241323","post","type-post","status-publish","format-standard","hentry","category-actualitate","tag-crestere","tag-criterii","tag-decizie","tag-declansare","tag-fonduri","tag-franta","tag-germania","tag-imprumut","tag-obligatiuni","tag-piata","tag-pierdere","tag-presiune","tag-probleme","tag-puncte","tag-rating","tag-reducere","tag-sp","tag-scadere"],"_links":{"self":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/241323","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=241323"}],"version-history":[{"count":0,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/241323\/revisions"}],"wp:attachment":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=241323"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=241323"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=241323"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}