Former EU Brexit negotiator Michel Barnier named new French prime minister
Publishing timestamp: 2024-09-05 09:02:27
Summary
French President Macron names Michel Barnier as prime minister in bid to end political stalemate and resolve hung parliament. Barnier must face no-confidence vote before assuming governance. French stocks moved slightly higher following announcement, but concerns remain over budget deficit and economic growth. French banks Societe Generale and BNP Paribas saw gains.
Sentiment: MIXED
Tickers: BNP-FR,
Keywords: breaking news: europe, business news, politics, societe generale sa, bnp paribas sa,