French consumer morale drops to 5-month low amid political uncertainty
Families in France were worried about the labor market and the economy in the face of an impending political crisis, which caused consumer confidence to drop to a five-month low in November. The consumer confidence index sank to 90 from a downwardly revised 93 in October, according to statistics agency INSEE. This is the lowest […]
Political turmoil in France shakes financial markets
The spread’s increase is indicative of fresh apprehension over France’s financial prospects. Prime Minister Michel Barnier’s budget proposal has been rejected by Marine Le Pen’s far-right National Rally (Rassemblement National, RN). Barnier does not have a parliamentary majority without the RN’s backing. In opposition to three crucial components of Barnier’s plan to stabilize France’s public […]
