Bankinter: Fitch maintained its rating at AA-, but downgraded its outlook to Negative. It justified its decision on the sharp rise in the Public Deficit: it is expected to close this year at 6.1%, far from the limit imposed by the EU, 3%, from Fitch’s previous estimate, 5.1%, and from the 2023 level, 5.5%. They do not expect it to reach the 3.0% target until 2029. Consistently, they estimate that…

Norbolsa | French Finance Minister Antoine Armand commented on Friday that an adjustment budget was aimed at regaining control over debt, adding that the government was closely monitoring how financial markets view the French debt situation. Presenting its 2025 budget with plans for spending cuts and tax hikes worth €60 billion for the rich and big business to tackle a spiralling fiscal deficit, with a target of putting the deficit…