French Minister Warns of Truss-Like Debt Crisis If Le Pen Wins

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Bruno Le Maire News

National Rally,Marine Le Pen,Emmanuel Macron

(Bloomberg) -- Finance Minister Bruno Le Maire warned that France would be plunged into a debt crisis similar to one sparked in the UK two years ago if far...

-- Finance Minister Bruno Le Maire warned that France would be plunged into a debt crisis similar to one sparked in the UK two years ago if far-right leader Marine Le Pen were to win legislative elections slated for the end of the month and implement her economic program.

French equities posted their biggest two-day decline in a year as banking stocks fell along with the country’s bonds amid the turmoil. France’s benchmark CAC 40 Index ended Wednesday’s session 1.3% lower, bringing the total decline over the past two days to 2.7%. Eric Ciotti, the head of the Republicans, earlier in the day called for his party to work with National Rally, though his words drew immediate calls for his resignation from colleagues within the party.

Macron’s group would get 18% if left-wing parties form an alliance, or just 16% if they stand independently, the survey by Ifop-Fiducial for LCI, Le Figaro and Sud Radio showed. Bardella would likely become France’s next prime minister should the far right win a legislative majority next month. “It’s not the National Rally that writes the constitution, nor the spirit of it,” Macron said. “The institutions are clear, and so is the place of the president, whatever the result. It’s inviolable for me.”In this article, we look at the company with the most layoffs in 2024. We recently released a list of companies laying off this year; to view the full free list, you can head over to the 15 Big Companies Laying Off in 2024.

 

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Le Maire Warns of French Debt Crisis If Le Pen’s Party Wins VoteFinance Minister Bruno Le Maire warned that France would be plunged into a debt crisis if far-right leader Marine Le Pen were to win legislative elections slated for the end of the month and implement her economic program.
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