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Christian Sewing, CEO of Deutsche Bank, said that France's financial and political instability and violent protests have broken out. It is worth being wary of. Fluctuations in the market are likely to continue until the presidential election. Zewin said on Wednesday, “It cannot be called a debt crisis at this stage, but this is a wake-up call. Strict budget discipline is essential, especially for public finance.” There are still six months until the French election. The country has been slow to implement a plan to reduce the fiscal deficit. The market continues to be under pressure, and interest spreads on French and German bonds have already climbed to the range of the European debt crisis. Vanessa Holtz, head of Bank of America France, said on Tuesday that due to this, investors have become more cautious when allocating French assets. Zewin is leading the way in promoting a German industrial plan aimed at attracting investment. He mentioned that Germany's financial situation and credit rating are relatively stable, making it the preferred target for European investment. At the same time, he believes that global market fluctuations may continue, but there is currently no bubble.
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Christian Sewing, CEO of Deutsche Bank, said that France's financial and political instability and violent protests have broken out. It is worth being wary of. Fluctuations in the market are likely to continue until the presidential election. Zewin said on Wednesday, “It cannot be called a debt crisis at this stage, but this is a wake-up call. Strict budget discipline is essential, especially for public finance.” There are still six months until the French election. The country has been slow to implement a plan to reduce the fiscal deficit. The market continues to be under pressure, and interest spreads on French and German bonds have already climbed to the range of the European debt crisis. Vanessa Holtz, head of Bank of America France, said on Tuesday that due to this, investors have become more cautious when allocating French assets. Zewin is leading the way in promoting a German industrial plan aimed at attracting investment. He mentioned that Germany's financial situation and credit rating are relatively stable, making it the preferred target for European investment. At the same time, he believes that global market fluctuations may continue, but there is currently no bubble.
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