TAG: French election 2024
French government resigns, ushering in indefinite transition period
PARIS — Governing France is about to get much harder for Emmanuel Macron.The French president on Tuesday accepted the resignation of Prime Minister Gabriel Attal and his government, the Elysée said in a statement, officially starting a transition period d...
2 months ago
ECB to leave rates on hold in hope for quiet summer
The European Central Bank (ECB) is expected to keep interest rates on hold on Thursday, but an improving inflation outlook, both at home and abroad, means the door for further cuts later in the year remains wide open. Headline inflation eased to 2.5 perce...
2 months ago
Investors too confused by French election to panic — yet
Financial markets went into France's Sunday election bracing for a good old-fashioned freakout — but the results from the first round of voting were too confusing to trigger a selloff. On the contrary, initial reactions on Monday suggested a measure of re...
2 months ago
European markets open higher on relief at French election results
European financial markets breathed a sigh of relief on Monday morning after the first round of France’s parliamentary elections left President Emmanuel Macron’s party with a fighting chance of still being able to influence the next government.The euro ro...
2 months ago
Bardella revives market unease with pledge to claw back billions from EU
National Rally leader Jordan Bardella broke the uneasy calm in France's financial markets on Thursday with a vow to claw back billions of euros from the EU if his party forms the next government.In an interview with the Financial Times, the 28-year-old Ba...
2 months ago
Pressure mounts on France’s Barnier not to raise taxes despite budget disaster
PARIS — New French Prime Minister Michel Barnier was saddled with the dirty job of putting France's precarious public finances back on track.But heavyweights from French President Emmanuel Macron's might make that job more difficult. They are accusing Bar...
3 weeks ago
What the new French government means for Brussels
PARIS — After two months of anxious waiting, France finally has a new government. President Emmanuel Macron's loyalists managed to keep hold of key ministries spanning from the economy to energy, meaning that France's position on major economic files is n...
3 weeks ago
The rise and fall of Macronomics
PARIS — When Emmanuel Macron came to power in 2017, he was hailed as the business-friendly former Rothschild banker who would turn France into a world-beating investment destination by slashing public spending and lowering taxes.Seven years later, the Fre...
5 days ago