France will borrow a record €310 billion from financial markets next year to finance its growing public deficit and refinance maturing debt, according to figures released by Agence France Trésor (AFT) on Tuesday.
European Commission President Ursula von der Leyen has survived two attempts to remove her from office after the European Parliament rejected no-confidence motions from hard-right and left-wing groups on Thursday.
France's fourth prime minister in three years, François Bayrou, faces almost certain defeat in a confidence vote on Monday, tipping the euro zone's second-biggest economy further into political uncertainty.
French Prime Minister Francois Bayrou survived two no-confidence motions on Wednesday, ensuring the adoption of the 2025 budget after months of political uncertainty. The vote follows Bayrou’s use of a constitutional provision to bypass parliament, a move that split the left-wing opposition.
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