Gold 10 data on December 3, Oxford Economic Research Institute's senior economist Leo Barincou said that the impending collapse of the French government will not cast a big shadow over the already bleak prospects. Prime Minister Barnier's fragile government will face a vote of no confidence on Wednesday, which could mean the government's downfall. For months, the deeply divided National Assembly has been bargaining over budget issues to no avail. The government's collapse will exacerbate the panic in the currency market. However, considering the current uncertainty, this will not worsen France's fiscal problems too much. In this case, the government will continue to operate based on the previous year's budget to avoid a shutdown until President Macron nominates a new prime minister to draft a new budget.
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Oxford Economics: Fransız hükümetinin istifası önemli bir etkiye yol açmayacak
Gold 10 data on December 3, Oxford Economic Research Institute's senior economist Leo Barincou said that the impending collapse of the French government will not cast a big shadow over the already bleak prospects. Prime Minister Barnier's fragile government will face a vote of no confidence on Wednesday, which could mean the government's downfall. For months, the deeply divided National Assembly has been bargaining over budget issues to no avail. The government's collapse will exacerbate the panic in the currency market. However, considering the current uncertainty, this will not worsen France's fiscal problems too much. In this case, the government will continue to operate based on the previous year's budget to avoid a shutdown until President Macron nominates a new prime minister to draft a new budget.