Business · Economy · 23 hrs ago

French investors face a warning over delayed economic adjustment

French investors face a warning over delayed economic adjustment

French investors face a warning about delayed economic adjustment.

The warning concerns what could happen if adjustment is put off.

It says waiting until an economic crisis breaks out would leave policymakers facing a harder response.

In that situation, the austerity needed would be much more severe.

The warning does not specify what adjustment is being considered or when a crisis might occur.

It gives no details of any next steps.

1 source

Related