The collapse of PM François Bayrou’s authorities after dropping a confidence vote within the French Nationwide Meeting on Monday is casting a protracted shadow over the nation’s public funds. The eurozone’s second-largest economic system’s debt pile at present accounts for over 114 p.c of its GDP and the dearth of a consensus on how one can restore public funds will improve that quantity additional. Additionally on this version: Norway’s Labour Social gathering wins a basic election centered on a wealth tax debate.
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