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France’s Barnier caves to far right’s electricity tax demands as budget crisis looms
Plan was sticking point between government and the National Rally, which has threatened to topple the prime minister.
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.
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,
15h
Why France’s Political and Budget Drama Is Spooking Investors
France’s efforts to repair its public finances are threatening a new political and financial crisis, prompting investors to ...
20h
France’s Budget Crisis Deters Buyers Wary of Further Turmoil
Investors are steering clear of French assets after a sudden flare-up in political tension this week, betting that the ...
16h
on MSN
France could soften budget bill to ensure government's survival, finance minister says
France's unpopular government is ready to make concessions over next year's budget, Finance Minister Antoine Armand said on ...
12h
France's government warns of 'big storm' as no-confidence vote looms
France’s minority government may be on its last legs as opposition lawmakers move this week toward a no-confidence vote ...
Politico Europe
1d
France is approaching a moment of humiliation in financial markets as budget chaos mounts
The growing sense of crisis over France’s budget is driving the country toward a moment of humiliation in financial markets: ...
13h
France slashes electric-car subsidies amid budget crunch
France will sharply reduce subsidies for electric-car purchases in the coming days, with a new scale ranging from 2,000 to ...
1h
Is France heading for a Greek-style debt crisis?
Political paralysis and parlous public finances leave investors rattled.
1d
Disaster for Macron as France faces 'government shutdown' over budget 'civil war'
Michel Barnier's budget is doomed to fail and his next move may allow his rivals to "bring down the government".
1d
on MSN
France's far-right propped up the weak government. But could now bring it crashing down
France’s government is hanging by a thread as the far-right National Rally party threatens to bring down Prime Minister ...
1d
on MSN
France's CAC 40 drops 1% on budget angst, European auto stocks struggle
By Joao Manuel Vicente Mauricio and Ankika Biswas (Reuters) -French stocks dropped to an over three-month low on Wednesday, ...
11h
France's borrowing costs mount amid growing budget crisis
France’s budget crisis continues as Prime Minister Michel Barnier proposes 60 billion euros worth of spending cuts and tax rises. A political dispute over France's Budget has unsettled financial ...
16h
France says ready for budget concessions to avert 'storm'
The French government is ready to offer concessions to parliament to pass its budget, the finance minister said Thursday, in ...
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