CashNews.co French Finance Minister Antoine Armand France warned Tuesday that the country faces a pivotal moment amid uncertainty surrounding its budget and the government’s future. Expectations that Prime Minister Michel Barnier’s government will collapse this week have hit the stock and bond markets of France, the eurozone’s second-biggest economy, which is under pressure due to […]
CashNews.co By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The euro faltered on Monday against a strong U.S. dollar on growing concerns about a possible government collapse in France, which would stall plans to curb a burgeoning budget deficit. The greenback, meanwhile, extended gains after strong U.S. manufacturing data from both the Institute for Supply Management and […]
CashNews.co (Bloomberg) — Prime Minister Michel Barnier warned that France has reached its “moment of truth,” as far-right leader Marine Le Pen is set to join a left-wing coalition to topple his government as soon as this week. Most Read from Bloomberg Subscribe to the Bloomberg Daybreak podcast on Apple, Spotify or anywhere you listen. […]
CashNews.co PARIS (Reuters) – France is at a turning point due to uncertainty over the country’s budget and the future of the government, Finance Minister Antoine Armand said on Tuesday. Expectations that Prime Minister Michel Barnier’s government will collapse due to opposition to his budget have hit the stock and bond markets of France, the […]
CashNews.co (Bloomberg) — Requests to amend France’s 2025 budget as the government of Prime Minister Michel Barnier battles to remain in power would cost almost €10 billion ($10.6 billion), the nation’s budget minister said in an interview with Le Parisien. Most Read from Bloomberg “The compromise on the taxation of electricity is not fully financed, […]
CashNews.co By Lawrence Delevingne (Reuters) -Stocks in the U.S. and Europe were mixed on Monday, while the dollar gained versus the euro, amid political turmoil in France and positive signals for the U.S. economy. French equities finished little changed in choppy trading after politicians there planned a no-confidence motion against Prime Minister Michel Barnier, a […]
CashNews.co (Bloomberg) — The far-right National Rally indicated in the strongest language yet that it could topple the French government as soon as this week, hours after Finance Minister Antoine Armand said his administration wouldn’t be blackmailed. Most Read from Bloomberg Marine Le Pen and her party have threatened to support a no-confidence motion unless […]
CashNews.co The financial markets saw some reversal trends in currencies last week, with the US dollar weakening following a retreat in the US government bond yields. The trend may continue this week as investors reassess Trump’s tariffs and central banks’ rate path. The stock markets, particularly Wall Street, will likely extend gains toward a Christmas […]
CashNews.co Finance Minister Antoine Armand said France won’t accept artificial budget deadlines from Marine Le Pen even as the far-right leader gave her strongest indication yet that she’s prepared to topple the government as soon as this week. Le Pen’s National Rally has threatened to support a no-confidence motion unless Prime Minister Michel Barnier tweaks […]
CashNews.co PARIS (Reuters) – French Finance Minister Antoine Armand said on Saturday that the 2025 budget could still be improved, but stopped short of giving ground in a standoff with the far right over new concessions. Ratings agency Standard & Poor’s gave Prime Minister Michel Barnier’s fragile minority government a rare reprieve late on Friday […]