French Markets Rally as Government Reaches Budget Compromise, Pension Reform Deferred
French financial assets surged Wednesday after Prime Minister Sebastian Lecornu proposed suspending controversial pension reforms. The compromise aims to break parliamentary deadlock and secure next year’s budget approval.
Market Relief Following Political Compromise
French financial markets experienced significant gains Wednesday, with the euro rising against the dollar and domestic assets strengthening, according to reports from financial analysts. The market movement followed political developments that reportedly averted a potential government collapse over budget negotiations.