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French Govt on the brink of collapse

Author
Newstalk ZB,
Publish Date
Tue, 3 Dec 2024, 11:44am
French Prime Minister Michel Barnier addresses a crowd at Impact PME, a gathering of small and medium size businesses on November 28, 2024 in Paris, France. The French prime minister is facing a vote of non-confidence in parliament, potentially creating political paralysis, as he is trying to pass a budget to reduce France's public debt by 60 Billion euros to restore trust to its creditors. (Photo by Remon Haazen/Getty Images)
French Prime Minister Michel Barnier addresses a crowd at Impact PME, a gathering of small and medium size businesses on November 28, 2024 in Paris, France. The French prime minister is facing a vote of non-confidence in parliament, potentially creating political paralysis, as he is trying to pass a budget to reduce France's public debt by 60 Billion euros to restore trust to its creditors. (Photo by Remon Haazen/Getty Images)

French Govt on the brink of collapse

Author
Newstalk ZB,
Publish Date
Tue, 3 Dec 2024, 11:44am

France’s Government seems to be on the brink of collapse. 

It looks likely to fall apart later this week after far-right and left-wing parties said they will vote for a no-confidence motion against Prime Minister Michel Barnier.  

The move comes after Barnier pushed through the 2025 social security budget without a vote.  

France Correspondent Catherine Field told Mike Hosking that even if Barnier wins this vote, it’s only part of the battle, as he will still need to get the rest of the budget through. 

She says that if he loses, the Government falls, and the best-case scenario is financial and political uncertainty – which could impact the entire Eurozone. 

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