The latest government collapse in France has reignited turmoil across European markets, sending the euro lower and testing investor confidence in the...
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Maroc - FINANCIALMIRROR.COM - A La Une - 06/Oct 11:35
Euro tumbles amid French crisis, no faith in Europe stability
The latest government collapse in France has reignited turmoil across European markets, sending the euro lower and testing investor confidence in the bloc’s ability to maintain political and fiscal cohesion. Prime Minister Sébastien Lecornu resigned less than a month into his administration, jolting markets amid intensified concerns that the eurozone’s second-largest economy is becoming ungovernable. French stocks fell sharply, with the CAC 40 down around 2% as banking shares led losses. Yields on 10-year French bonds climbed to 3.56%, while the spread over benchmark German bunds widened to 0.88 percentage points, close to its highest level since the sovereign debt
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