French markets, euro battered as government collapses
Reuters·2025-10-06 08:31
Core Viewpoint - French assets and the euro experienced a decline following the resignation of Prime Minister Sebastien Lecornu, which was prompted by increasing pressure from leftist lawmakers regarding his budget plans, indicating a deepening crisis in the euro zone's second-largest economy [1] Group 1 - The resignation of Prime Minister Sebastien Lecornu has intensified the political crisis in France [1] - The euro zone's second-largest economy is facing significant challenges due to budgetary pressures [1] - The decline in French assets is indicative of market reactions to political instability [1]