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French PM Given 48 Hours to Negotiate as Macron Tries to Stave Off Crisis | The Pulse 10/7

Bloomberg•Tuesday, October 7, 2025 at 12:58:19 PM
NeutralFinancial Markets
French PM Given 48 Hours to Negotiate as Macron Tries to Stave Off Crisis | The Pulse 10/7
French Prime Minister Sebastien Lecornu has been given a 48-hour window by President Emmanuel Macron to negotiate with the opposition over the budget, following his recent resignation. This move is crucial as it allows Macron to strategize his next steps, which may involve calling for new legislative elections. The ongoing uncertainty has negatively impacted French bonds, reflecting the market's concern over political stability. Meanwhile, in the US, President Trump has signaled a willingness to engage in health care negotiations with Democrats, highlighting the broader political dynamics at play.
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