French markets tumble after PM Lecornu resigns
NegativeWorld Affairs

French markets experienced a significant downturn following the resignation of Prime Minister Sebastien Lecornu, as reported by local media. This selloff saw sharp declines in French stocks, an increase in government bond yields, and a drop in the euro's value. The widening premium for French government debt compared to German bonds indicates growing investor concern. This situation is crucial as it reflects instability in the French political landscape, which could have broader implications for the economy and investor confidence.
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