26 August 10:31
The Paris stock exchange opened lower, affected by political uncertainties related to Prime Minister Francois Bayrou's austerity plan.
Lara Maior
Economy
cunaplus/ Shutterstock.com
Always see our news on Google
The Paris stock exchange opened Tuesday's session with a significant decline, the CAC 40 index recording a drop of 1.91%. The shares of banks, such as BNP Paribas and Societe Generale, were affected by the political uncertainty generated by the confidence vote that Prime Minister Francois Bayrou will request in front of parliament for his budget austerity plan. If he does not obtain the vote, the government could resign, causing a new political crisis. France is facing a budget deficit of 5.4% of GDP and needs austerity measures to reduce it.
Sources
Latest News
23:58
Sources: Nicușor Dan could nominate Eugen Tomac on Thursday to form a Government, although he still does not have parliamentary support.
22:56
The Ministry of National Defense supports that generals Gheorghiță Vlad and Iulian Berdilă have not submitted their retirement applications, contrary to information that has appeared in the press.
22:51
The Russian ambassador to the United Kingdom has been summoned by the Ministry of Foreign Affairs following the drone attack in Galați.
22:43
Cristian Pomohaci was detained for 24 hours by the Mureș County Police Inspectorate, after searches were carried out at his home.
22:28
Péter Magyar states that Hungary is ready to become a platform for peace negotiations between Ukraine and Russia
See more news
NEWS ON THE SAME TOPICS
.webp)
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
.webp)
