French markets wracked by budget fears; Barnier warns of 'big storm'
By Harry Robertson and Amanda Cooper LONDON (Reuters) -French stocks and bonds fell sharply on Wednesday, driving the premium the government pays for long-term borrowing to its highest since the euro zone debt crisis of 2012,
French Socialists reject Barnier’s overtures, raising odds of a government collapse
French MPs have spent weeks debating the Barnier government’s hastily prepared budget, which includes €40 billion in spending cuts and €20 billion in tax hikes. The bill aims to reduce the French budget deficit, which is projected to hit 6.1 percent of gross domestic product in 2024.
Barnier's Government in Budget Battle: France on the Verge of Political Upheaval
French Prime Minister Michel Barnier faces a significant political challenge as his budget proposal encounters resistance in a divided parliament. His coalition could collapse if a no-confidence motion is pushed by opponents,
French government creaks as Barnier's budget woes weaken survival chances
The future for French Prime Minister Michel Barnier's government looks bleak, with his struggles to push the 2025 budget through a polarised parliament increasingly likely to end in the toppling of his fragile coalition.
French far right accuses Barnier of ‘crying wolf’ and downplays consequences of potential government collapse
PARIS — France's far-right National Rally on Wednesday rejected the idea that a government collapse would lead to a Greek-style financial crisis or to a U.S.-style shutdown, scenarios that have investors worried that political chaos in France could precipitate a eurozone-wide disaster.
France's Government Faces Potential Collapse Amid Budget Crisis
French Prime Minister Michel Barnier's government is under threat as the 2025 budget remains stalled in a divisive parliament. A no-confidence motion could topple the coalition by Christmas. Barnier's survival might depend on softening spending cuts,
French PM Barnier warns of 'serious storm' on the horizon amid budget dispute
French lawmakers have spent weeks debating a budget proposal that has threatened to topple Barnier's cabinet. #EuropeNews
French government on brink of collapse over 2025 budget vote
A bitter debate is now unfolding inside the ruling class over how to recalibrate its policies, that will confront it, sooner rather than later, with explosive working class opposition.
French PM Barnier: A ‘serious storm’ is on the horizon if the French government falls
“This is a very serious moment,” Barnier said in an interview with French broadcaster TF1. PARIS — French Prime Minister Michel Barnier said Tuesday that France could face fiscal calamity should lawmakers decide to topple his government over a budget dispute.
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France is approaching a moment of humiliation in financial markets as budget chaos mounts
The growing sense of crisis over France’s budget is driving the country toward a moment of humiliation in financial markets: ...
France's far right propped up the weak government. It could now bring it crashing down
France's government is hanging by a thread as the far-right National Rally party threatens to bring down Prime Minister ...
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Le Pen could deal CRUSHING blow to French government amid political turmoil
Marine Le Pen has threatened to vote against French Prime Minister Michel Barnier’s October budget - which has sent shock ...
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Barnier gets some breathing space as European Commission says ‘oui’ to French budget
France would then have an extended period of seven years to bring public spending in line with key EU parameters. The ...
French Presidency Denies Reported Macron 'Government To Fall' Comment
The French presidency on Tuesday issued a categorical denial that President Emmanuel Macron had predicted that the government of Prime Minister Michel Barnier would soon fall due to a motion of no ...