French Markets Struggle as Le Pen Supports No-Confidence Vote

Reported 1 day ago

French financial markets faced renewed pressure after Marine Le Pen's party announced support for a no-confidence vote against Prime Minister Michel Barnier's government. The gap between French and German bonds widened significantly, with the CAC 40 index also suffering losses, as political instability heightens fears of a worsening economic situation. Concerns over the government's ability to manage the deficit are fueling investor anxiety, pushing French asset spreads to critical levels not seen since the euro-area debt crisis.

Source: YAHOO

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