French political crisis not solved, but there are 'potential routes forward', expert says
29 Articles
29 Articles

France awaits new PM to end political crisis
France on Thursday awaited in suspense over who would be its next prime minister as a deadline ticked down for President Emmanuel Macron to name a new premier after Sebastien Lecornu's resignation threw the country further into political turmoil.
French political crisis not solved, but there are 'potential routes forward', expert says
A leading commentator on French politics has spoken to FRANCE 24 about how France's political crisis has not yet been solved, but there do seem to be "potential routes forward". French President Emmanuel Macron has confirmed that he will name a fourth prime minister in just over a year before Friday night. France is now moving away from the likelihood of snap parliamentary elections. Outgoing Prime Minister Sebastien Lecornu appeared on national…
New French PM to be announced today – ING
The post New French PM to be announced today – ING appeared on BitcoinEthereumNews.com. The only tepid and very short-lived EUR relief to Wednesday’s French political news is understandable. Despite the OAT-Bund 10Y spread falling back to the low 80s (bp), the more forward-looking FX market is seeing limited room for optimism, ING’s FX analyst Francesco Pesole notes. A return to 1.1700 remains a possibility “As a new prime minister is set to be …
The political crisis in France is also affecting the country's economy, the second-largest in the European Union. President François Villeroy de Galhau of the French central bank believes the chaos has so far cost 0.2 percentage points of economic growth. This could rise to 0.5 percentage points, Villeroy said in a radio interview with RTL.
Every state system works with many people who according to their title or rank have more or less responsibility, how greater or lesser emphasis, none is more important than the other, because in any state what matters most is how and how our public officials function. The prime minister’s main function is to be the head of government in most parliamentary and semi-presidential systems. There is no such position or function in Paraguay or other c…
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