Digest opened free editor
Rola Khaleda, FT editor, chooses her favorite stories in this weekly newsletter.
The Prime Minister in France, Sebastian Lecorno, resigned just three weeks after his appointment, after the right -wing allies indicated that they would withdraw from his government.
Ellisie Palace said that Likorno, a long ally of French President Emmanuel Macron, submitted his resignation on Monday morning.
His resignation came just hours after the appointment of ministers for his potential government.
Likorno promised “rupture” with the former Macron governments, but he announced a list of ministers from the former cabinet as well as ministers from the previous Macron departments.
French markets decreased, with the CAC 40 stock index decreased by 0.8 percent. The decrease in government bond prices increased to the increase in borrowing for 10 years in the country, costing 0.08 degrees Celsius to 3.59 percent.
The additional interest rate paid on French debt on German Benchmark – a closely monitored scale of market fears – reached 0.88 percentage points, near its highest level since the euro area debt crisis more than a decade.
This is a developing story
https://images.ft.com/v3/image/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Fd3d03e7a-1c6d-447c-bfc1-700e6460ed7b.jpg?source=next-article&fit=scale-down&quality=highest&width=700&dpr=1
Source link