tldrdailynews.com logo

French Government Faces No-Confidence Vote Over Controversial Budget

1 min read
Source: Financial Times
French Government Faces No-Confidence Vote Over Controversial Budget
Photo: Financial Times
TL;DR

French Prime Minister Michel Barnier faces a no-confidence vote after invoking article 49.3 to push through a controversial €60bn budget package without parliamentary approval. Opposition parties, including Marine Le Pen's far-right Rassemblement National and the far-left France Unbowed, have vowed to vote against Barnier's minority government. If the vote succeeds, Barnier would become the shortest-serving premier since 1958, and President Emmanuel Macron would need to appoint a new prime minister. The political turmoil has affected France's bond market and weakened the euro.

Topics:worldpolitics#budget-crisis#emmanuel-macron#france#michel-barnier#no-confidence-vote#politics
Share this article
  1. Michel Barnier faces no-confidence vote over budget measures  Financial Times
  2. French lawmakers push through no-confidence motion that could topple government  CNN
  3. 'No solution to this equation' - analyst says split parliament makes it unlikely a new French government will succeed  FRANCE 24 English
  4. Barnier’s bold budget move in France spurs opposition parties to pledge no-confidence vote  The Associated Press
  5. France’s Far Right Aims to Topple Government Over New Budget Law  Bloomberg

Want the full story? Read the original reporting

Read on Financial Times