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taparia tools limited (505685) ✌️【Investment Strategy】✌️ Free break-even services and stock analysis to help you recover quickly from losses and increase your chances of making profitable investments. 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.

taparia tools limited (505685) ✌️【Investment Strategy】✌️ Real-time stock market data, precise predictions, and investment strategies to help you optimize your portfolio and achieve financial success. 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.

taparia tools limited (505685) ✌️【Investment Strategy】✌️ Free access to stock market forums, expert advice, and real-time data to help you stay informed and grow your investments. 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.”

taparia tools limited (505685) ✌️【Investment Strategy】✌️ Get precise stock market predictions and free access to real-time market data for efficient decision-making and portfolio growth. 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.

taparia tools limited (505685) ✌️【Investment Strategy】✌️ Expert analysis of global stock trends, futures data, and real-time stock market quotes to help you plan your next investment move. 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.

taparia tools limited (505685) ✌️【Investment Strategy】✌️ Free real-time global stock trend updates to help you capture market movements and make better investment decisions. 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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