Barnier's Budget Battle: A No-Confidence Storm in France

French Prime Minister Michel Barnier faces a no-confidence vote that could dismantle his government. Attempts to enforce a 2025 austerity budget using a constitutional tool sparked backlash. Political tensions threaten France's economy and could impact the wider eurozone.


Devdiscourse News Desk | Paris | Updated: 03-12-2024 00:42 IST | Created: 03-12-2024 00:42 IST
Barnier's Budget Battle: A No-Confidence Storm in France
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French Prime Minister Michel Barnier confronts a no-confidence vote that could lead to the collapse of his government, sending ripples through the eurozone.

Employing a constitutional maneuver to pass the 2025 budget without parliamentary consent, Barnier argues its necessity for maintaining stability amid intense political strife.

The budget, however, has intensified opposition from both the far-right and left, heightening tensions as the National Assembly remains fragmented. The outcome could have significant economic repercussions for France and beyond.

(With inputs from agencies.)

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