France’s government borrowing costs have soared after newly appointed Prime Minister Sebastien Lecornu resigned just hours after unveiling his cabinet.
French Government Collapses as Macron’s Prime Minister Loses Vote
France’s government has fallen into political turmoil after MPs voted to remove Michel Barnier, the prime minister, from office.
French stock market tumbles amid government instability
Paris’s stock market opened lower amid growing concerns over a potential government collapse due to a budget standoff.
Barclays claims French efforts to reduce deficit are ‘unattainable’
Economists at Barclays have criticised French Prime Minister Michel Barnier’s economic plans, calling the goals “unreachable.”
French bonds slump as hard-left secures majority in parliament
French government bond yields have slumped following Sunday’s election, putting the eurozone’s second-largest economy on track for a hung parliament.
French Economy ‘Stalling’ Amid Macron’s Election Turmoil
New data suggests that the French economy is “stalling” as uncertainty caused by a snap election halts business investment.
French Minister warns of potential financial crisis in France as stocks and bonds plummet
France faces the risk of a financial crisis after Emmanuel Macron called a snap election, warned Finance Minister Bruno Le Maire. He expressed concerns as the premium France must pay