France won't change its fiscal policy, Prime Minister Gabriel Attal said as his government looked set to face two new no-confidence motions in parliament on Monday after one of the main credit agencies cut its rating of the country's debt. "We won't raise taxes, we already have too much taxes in France," Attal told franceinfo radio. Days ahead of a June 9 EU parliamentary election, S&P cut France's long-term sovereign debt rating on Friday to "AA-" from "AA", citing expectations that higher than expected deficits would push up debt in the euro zone's second-biggest economy.
President Ramaphosa says the result was a victory for democracy, but the ANC lost its majority for the first time.
Claudia Sheinbaum is getting more than 56% of Sunday's vote, convincingly beating her main rival, polls say.