The catalyst for the drop this week is a political one with Europe's second largest economy set to face another crisis on that front. French prime minister, François Bayrou, is under intense scrutiny over his unpopular measures to address concerns surrounding France's public finances. For some context, France's budget deficit touched 5.8% of GDP last year, almost double the limit set out by the EU of 3%.
That especially after what was seen last year already, in which Barnier's government didn't even survive longer than three months. And now, another change looks imminent.
This article was written by Justin Low at investinglive.com.Hence then, the article about french stocks set for another steep drop at the open as political crisis weighs was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details
Finally We wish PressBee provided you with enough information of ( French stocks set for another steep drop at the open as political crisis weighs )
Also on site :