Political Crisis Drives French Markets Down

Reported 3 days ago

French markets experienced a significant decline following the resignation of Prime Minister Sebastien Lecornu, which raised concerns over political paralysis and the potential for snap elections. The CAC 40 Index fell 1.4%, with banks hit hardest, while French bond yields surged, reflecting investor anxiety. Analysts warn the political deadlock may deepen, impacting both domestic and European market stability.

Source: YAHOO

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