France’s Budget Crisis Deters Buyers Wary of Further Turmoil
Investors are steering clear of French assets after a sudden flare-up in political tension this week, betting that the volatile period is far from over.
France needs stability, says prime minister amid looming budget crisis
Prime Minister Michel Barnier said on Friday that France needed stability, when asked about a possible 'ultimatum' given to him by Marine Le Pen's far-right National Rally party due to widespread opposition to his proposed budget.
French Finance Minister Says Budget Can Still Be Improved
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 leaving its rating steady although France's budget deficit has spiralled out of control this year.
France’s Le Pen Boosts Budget Asks Ahead of Monday Deadline
Far-right leader Marine Le Pen, who holds outsize leverage in France’s split parliament, gave Prime Minister Michel Barnier until Monday to adhere to her budget red lines before she decides whether to topple the government.
France could soften budget bill to ensure government's survival, finance minister says
France's unpopular government is ready to make concessions over next year's budget, Finance Minister Antoine Armand said on Thursday, amid growing concerns that opposition to the bill could topple Prime Minister Michel Barnier's administration.
Why France’s Political and Budget Drama Is Spooking Investors
France’s efforts to repair its public finances are threatening a new political and financial crisis, prompting investors to ...
French Budget Requests Total €10 Billion, Minister Says
Requests to amend France’s 2025 budget as the government of Prime Minister Michel Barnier battles to remain in power would ...
Politico Europe3d
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: ...
Radio France Internationale1d
France's budget battle offers Le Pen a reprieve as court decision looms
Marine Le Pen, the leader of France's far-right National Rally (RN), is turning her attention back to politics after a ...
France’s government warns of ‘big storm’ as no-confidence vote looms
France’s minority government may be on its last legs as opposition lawmakers move this week toward a no-confidence vote.
Politico Europe1d
France’s Barnier caves to far right’s electricity tax demands as budget crisis looms
Plan was sticking point between government and the National Rally, which has threatened to topple the prime minister.
France slashes electric-car subsidies amid budget crunch
France will sharply reduce subsidies for electric-car purchases in the coming days, with a new scale ranging from 2,000 to ...
French budget: S&P encourages Barnier to stick with his austerity plan
On Friday, the world's leading credit rating agency kept France's credit rating unchanged, but expressed concern about the ...