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on door concepts limited (ondoor) sees unusual trading volume ✌️【Financial Planning】✌️ Real-time global stock, futures, and forex data to help you quickly assess market trends and achieve stable returns. French lawmakers said they had introduced a motion of no confidence against Prime Minister Michel Barnier on Monday, setting up a vote that could see the far right topple his government within days.
on door concepts limited (ondoor) sees unusual trading volume ✌️【Financial Planning】✌️ Free break-even services to create a customized investment plan, helping you recover quickly and achieve growth. The motion was presented after Barnier attempted to pass part of his government’s budget for 2025, which includes 60 billion euros ($62.8 billion) worth of tax hikes and spending cuts aimed at bringing the deficit down to 5% next year and back in line with European rules by the end of the decade.
Barnier, who was tapped as the leader of a minority government backed by centrists and conservatives in September, attempted to enact the budget using a constitutional clause that allows him to bypass a vote in the legislature. However, that maneuver in turn grants lawmakers the opportunity table no-confidence motions against him – and lawmakers on the left, who have repeatedly vowed to bring down Barnier’s government, did just that.
“This is one power grab too many by an illegitimate government,” Mathilde Panot, a left-wing lawmaker who has opposed Barnier’s government, wrote on social media.
on door concepts limited (ondoor) sees unusual trading volume ✌️【Financial Planning】✌️ Precise stock selection to help you successfully plan investment strategies for stable returns. She added a warning to French President Emmanuel Macron, writing: “We have tabled a motion of no confidence. Barnier’s downfall is a foregone conclusion. Macron will be next.”
on door concepts limited (ondoor) sees unusual trading volume ✌️【Financial Planning】✌️ Free real-time market data to help you quickly recover and avoid losses. Should the measure pass, it would throw France into political chaos. In the immediate term, the budget bill would be shot down and Barnier and his ministers would serve in a caretaker capacity until Macron named a new premier.
on door concepts limited (ondoor) sees unusual trading volume ✌️【Financial Planning】✌️ Real-time global stock, futures, and forex data to help you master market dynamics. A government collapse would also frighten financial markets concerned whether Europe’s second-largest economy has both the fiscal discipline and political will to bring its finances in order. France’s budget deficit is slated to hit 6.1% of GDP in 2024, more than double the amount allowed by the European Commission.
on door concepts limited (ondoor) sees unusual trading volume ✌️【Financial Planning】✌️ Free real-time global stock indices and data to help you grasp stock market trends and achieve capital growth. While Barnier’s budget has temporarily appeased both the markets and Brussels, it has drawn the ire of Marine Le Pen and her party, the far-right National Rally, who have vowed to join lawmakers on the left and take down Barnier unless he concedes to several of their demands – only some of which he has agreed to.
“We are going to support this no confidence vote because the French have had enough of being mistreated. They thought things would change with Barnier, but it’s worse,” Le Pen told reporters on Monday.
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