There was uncertainty on the streets of Paris on Monday (September 8) ahead of a confidence vote in the national assembly which Prime Minister Francois Bayrou looks certain to lose, deepening France’s paralysis at a critical time for Europe, Reuters reports.
Should Bayrou fall, President Emmanuel Macron will likely face the task of finding yet another government chief capable of steering a budget through parliament, less than a year after the ouster of Bayrou’s conservative predecessor, Michel Barnier.
Macron has so far ruled out dissolving parliament, as he did last year.
The turmoil threatens France’s ability to rein in its debt, with the risk of further credit downgrades looming as bond spreads – a gauge of the risk premium investors demand to hold French debt – widen.
“It’s more of a wait-and-see attitude” said social care worker Laetitia Grimaldi, as she walked on the Champs Elysees, while HR worker Michele Elon said she hoped some progress would come from the goverment’s likely fall.
Նյութերը գեներացվում են տարբեր կայքերից արհեստական բանականության միջոցով