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The fall of the French government means less growth and no budget in 2025
As expected, French MPs decided on Wednesday evening to vote a motion of no confidence in the government led by Michel Barnier. 331 MPs from the left and far right voted in unison, and the government fell, less than three months after it was set up. France is thus entering a new era of political instability. There will be no dissolution of the National Assembly or early elections until July 2025, as the Constitution stipulates a minimum period of one year between elections. President Emmanuel Macron will have to appoint a new prime minister, who will have to form a new government. With the National Assembly highly ... (full story)
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- Posted: Dec 4, 2024 6:27pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 4,215
