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.
French borrowing costs surpass Greece’s for the first time
French borrowing costs have surpassed those of Greece for the first time, as Michel Barnier’s government faces the threat of collapse.
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.”