Antoine Armand says politicians have responsibility ‘not to plunge the country into uncertainty’ with no-confidence vote after opposition to cuts
Angelique Chrisafis is the Guardian’s Paris correspondent
French media reported that the parliament discussion of the no-confidence vote would begin on Wednesday at 4pm, with MPs voting in the evening.
Barnier has said there could be “serious financial turbulence” if his budget fails to pass and the government falls, and markets have already responded with alarm, with the interest rate on French bonds coming close to that of their Greek counterparts last week.
There is no fear of a US-style shutdown since France’s constitution allows for a government – possibly even a caretaker government – to pass an emergency law in effect prolonging the previous year’s budget for a few months, so public sector workers, for example, continue to be paid.
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Source link : https://www.theguardian.com/world/live/2024/dec/03/france-no-confidence-motion-government-budget-michel-barnier-latest-updates
Author : Yohannes Lowe
Publish date : 2024-12-03 09:50:48
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