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Mohamed El-Erian Calls Michel Barnier’s Ouster An Example Of ‘Messy Politics,’ Notes Greek And French Bonds Achieving Historic Parity

Mohamed El-Erian, Allianz’s Chief Economic Advisor, warned Wednesday Dec. 4, 2024 about the growing intersection of political and economic challenges in France following Prime Minister Michel Barnier’s historic no-confidence ouster, even as Greek bonds achieved parity with French sovereign debt for the first time since the Eurozone crisis.

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