Stock prices in France are fluctuating amid uncertainty over the country’s political future, although bonds remain relatively stable. ADVERTISEMENT French markets were volatile on Monday morning after France’s far-left coalition party secured a surprise victory in parliamentary elections on Sunday evening. After a modest decline in early trading, shares in the CAC 40 rebounded strongly, … Read more
Unlock Editor’s Digest for free Roula Khalaf, editor-in-chief of the FT, selects her favourite stories in this weekly newsletter. In May, credit rating agency S&P Global downgraded the creditworthiness of French government bonds, essentially telling the country’s politicians: just do it. “Political fragmentation contributes to uncertainty about the government’s ability to continue implementing policies that … Read more
Forget the British general election. The poll that financial markets will be watching most closely in the coming days is the second round of parliamentary elections in France this Sunday. The French poll is unpredictable, to say the least. The first round of voting The prospect of a stalemate in parliament was already raised last … Read more
Forget the British general election. The poll that financial markets will be watching most closely in the coming days is the second round of parliamentary elections in France this Sunday. The French poll is unpredictable, to say the least. The first round of voting The prospect of a stalemate in parliament was already raised last … Read more
Unlock Editor’s Digest for free Roula Khalaf, editor-in-chief of the FT, selects her favourite stories in this weekly newsletter. Investors are warning that political unrest in Paris is leading to a reappraisal of the financial vulnerability of the eurozone’s second-largest economy. Many fear that the prospect of dysfunctional politics, slowing growth and a steadily rising … Read more
The European Central Bank is facing mounting speculation that it could intervene if French elections trigger widespread market panic, as policymakers prepare for their annual conference in Portugal next week. French bonds have been sold in recent weeks as investors fear that Marine Le Pen’s far-right Rassemblement National or the left-wing alliance Nouveau Front Popculaire … Read more
Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. French business bosses are rushing to build contacts with Marine Le Pen’s far-right after backing away from the rival left-wing alliance’s radical tax and spending agenda during the country’s snap parliamentary elections. Four senior executives … Read more
Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. A senior European Central Bank official has dismissed the idea that it could buy euro zone government bonds after the announcement of snap French parliamentary elections sparked a sell-off in the country’s debt. Philip Lane, … Read more
Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. French shares tumbled on Friday after the prospect of a far-right government with the left as the main opposition roiled European financial markets, deepening a sell-off that has wiped almost €100 billion from the value … Read more
Less than a year after launching iOS, French startup ten ten has gone viral with a walkie-talkie app that lets teens send voice messages to their close friends even when their phones are locked. Whether you think this is a recipe for disaster or the coolest thing you’ve ever heard depends on your age group, … Read more