Facing far-right ultimatum, French finance minister says budget can still be improved
By Leigh Thomas PARIS (Reuters) -French Finance Minister Antoine Armand said on Saturday that the 2025 budget could still be improved, but stopped short of giving ground in a standoff with the far right over new concessions.
French Budget Requests Total €10 Billion, Minister Says
Requests to amend France’s 2025 budget as the government of Prime Minister Michel Barnier battles to remain in power would cost almost €10 billion ($10.6 billion), the nation’s budget minister said in an interview with Le Parisien.
French Govt Ready For Budget Concessions To Avoid Financial 'Storm'
The French government is ready to offer concessions to parliament to get through its budget, the finance minister said Thursday, in a standoff which is causing market turbulence and risks bringing down the government of Prime Minister Michel Barnier.
Barnier promises concessions on budget to try save French government
The French government is prepared to “make concessions” to get its budget though parliament and avoid a market “storm”, the country’s finance minister said on Thursday, in a stand-off that risks bringing down Michel Barnier,
French government on brink of collapse over 2025 budget vote
A bitter debate is now unfolding inside the ruling class over how to recalibrate its policies, that will confront it, sooner rather than later, with explosive working class opposition.
French Premier Warns of Market ‘Storm’ If Budget Voted Down
French Prime Minister Michel Barnier said the country faces a “storm” in financial markets if an “unlikely but possible” alliance of lawmakers across the political spectrum rejects his government’s budget proposals and votes it out of power.
French finance minister says budget can still be improved
French Finance Minister Antoine Armand said on Saturday that the 2025 budget could still be improved, but stopped short of giving ground in a standoff with the far right over new concessions. Ratings
French Government Creaks as Barnier's Budget Woes Weaken Survival Chances
Barnier's government could fall before Christmas, and perhaps even by next week, if far-right and leftist foes force a no-confidence motion that he is likely to lose, according to a dozen sources from across the political spectrum.
French Prime Minister Michel Barnier's government makes budget concession
French Prime Minister Michel Barnier scrapped plans to raise electricity taxes amid the far-right's no-confidence vote threat.
French PM scraps electricity tax in budget in bid to save government
Gupta and Leigh Thomas PARIS (Reuters) -French Prime Minister Michel Barnier on Thursday scrapped plans to raise electricity taxes in his 2025 budget, reacting to far-right threats to bring the government down in a no-confidence vote unless he eased the burden on the working classes.
French budget: S&P encourages Barnier to stick with his austerity plan
On Friday, the world's leading credit rating agency kept France's credit rating unchanged, but expressed concern about the ...
French bond yields surpass Greece’s for first time as budget worries swirl
The 10-year yield on French government debt briefly reached 3.02 per cent in early trading on Thursday, crossing above the ...
Le Pen Demands French PM Compromises In Budget Stalemate
Far-right French leader Marine Le Pen told a Sunday newspaper that her party would not necessarily vote to topple Prime Minister Michel Barnier's government -- so long as he agreed to negotiate.
Budget woes put French borrowing costs equal with crisis-scarred Greece
French borrowing costs effectively matched those of Greece on Thursday for the first time, as Michel Barnier's government ...
Marine Le Pen turns screws on PM Michel Barnier in French budget showdown
“The clock is ticking,” was one of Michel Barnier’s favourite lines as the EU’s chief Brexit negotiator, when he perfected ...
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French bond yields echo Greek crisis amid political turmoil
A historic event has occurred in the European debt market as the yield on French 10-year government bonds has matched that of ...
Morning Bid: French budget and German prices grab spotlight
A look at the day ahead in European and global markets from Ankur Banerjee German inflation data and France's budget ...
France's political chaos drives borrowing costs to the same level as Greece's for the first time
France’s brewing political crisis is spilling into financial markets with French borrowing costs hitting the same level as ...