March 26, 2020 / 4:37 PM / 12 days ago

BRIEF-Fitch Says Economic Impact Of Coronavirus Pandemic Will Put Pressure On French Local And Regional Governments' Finances

March 26 (Reuters) - Fitch

* FITCH SAYS ECONOMIC IMPACT OF CORONAVIRUS PANDEMIC WILL PUT PRESSURE ON FRENCH LOCAL AND REGIONAL GOVERNMENTS’ FINANCES & COULD LEAD TO DOWNGRADES

* FITCH SAYS EXPECTS MOST COUNTER-CYCLICAL MEASURES WILL BE TAKEN AT FRANCE’S CENTRAL GOVERNMENT LEVEL TO PARTLY MITIGATE ADVERSE IMPACT FROM CORONAVIRUS

* FITCH SAYS MOST FRENCH LRGS WILL HAVE FLEXIBILITY TO POSTPONE PART OF THEIR INVESTMENTS IN COMING YEARS Source text for Eikon:

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