What's Next in France's Political and Budget Crises?
Barnier may decide to press ahead with a regular vote. If the social security budget is shot down, it would go back to the Senate for further negotiations. If it miraculously passes, there are two other major hurdles ahead, with votes on the broader budget scheduled for Dec. 4 and Dec. 18, presenting the same risks for Barnier.
Negotiate on the budget or we'll bring you down, France's far right tells government
France could see a political earthquake in the coming days as the far right National Rally gave the government a deadline of Monday to agree fresh concessions over the budget.
France Won’t Be Blackmailed on Budget, Finance Minister Says
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.
French government on brink of collapse over budget stand-off
Barnier warned that toppling the government could cause a "big storm and very serious turbulence" in financial markets. Some analysts believe that France is heading for a debt crisis reminiscent of the near implosion of the eurozone in 2012, when Greece was forced to seek a bailout from the EU and International Monetary Fund.
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 sell some of the nation’s assets.Most Read from BloombergIn Traffic-Weary Toronto,
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.
Le Pen Says French Government Has ‘Put an End’ to Budget Talks
The French government “has put an end to discussions” on possible changes to the social security bill, Marine Le Pen told AFP on Sunday, paving the way for a possible no-confidence vote on Monday.
French government faces major test over disputed budget
French Prime Minister Michel Barnier's government faces a major test over approval of a disputed draft budget, with far-right leader Marine Le Pen threatening a no-confidence vote in parliament should its budget demands not be addressed.
Explainer: What's next in France's political and budget crises?
France's minority government is in a precarious position, with the far-right National Rally party promising to force the collapse of Prime Minister Michel Barnier's cabinet unless it yields to its demands on next year's budget.
French Far Right Threatens Government Collapse Over Budget Standoff as No-Confidence Vote Nears
Frances far-right National Rally is intensifying its push against the government, refusing to back down on budget demands and raising the possibility of a no-confidence vote. The fallout could shake political and
Explained: France’s political turmoil – what’s happening and why it matters
France is facing a major political showdown that could have significant consequences for its government, economy, and broader ...
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 ...
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 ...
France’s government crisis: A warning for financial stability
France faces a political and financial crisis as Prime Minister Michel Barnier’s government teeters on the brink of collapse.
Politico Europe4d
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: ...
Hespress on MSN2h
France's PM risks tumbling in hostile parliament vote
France's Prime Minister Michel Barnier faces the biggest risk yet of being deposed by a hostile parliament as his government ...
France’s Prime Minister Is on the Block, and Marine Le Pen Holds the Blade
The end of Michel Barnier’s government looks inevitable, even imminent, and would add to the country’s political malaise. The ...
S&P sticks with France rating in reprieve for PM
PARIS: French Prime Minister Michel Barnier won a minor reprieve in his battle to pass a budget and remain in power as S&P Global Ratings reiterated its assessment of the country’s debt.