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Emmanuel Roman, head of finance giant Pimco: 'Markets are sending France a serious signal. The situation is grave'

In an interview with Le Monde, the chief executive of one of the world's largest asset managers warns of France's worsening budget deficit and political instability. He clarifies that while he is 'not withdrawing' his investments in French debt, he is 'not increasing' them either.

Emmanuel Roman, head of finance giant Pimco: 'Markets are sending France a serious signal. The situation is grave'

We haven't written up this one. Le Monde English has the full story — the link below goes straight to it.

Read the original at lemonde.fr →

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