New alert signal on tricolor debt. The 10 -year obligation yield of France exceeded on Tuesday, September 2, 4.50%on Tuesday, September 2. However, since November 2011 at the time of the sovereign debt crisis in the euro zone. The 10 -year obligation rate is around 3.8%.
This increase in the cost of loans for France illustrates the concern of the markets regarding the political and budgetary situation of the country, six days before François Bayrou’s confidence vote in the National Assembly.
In the case of a (probable) fall of the prime minister, France would be without a government. In this case, the new Head of Government, if he were quickly appointed, would have approximately one month to present a 2026 budget project before the National Assembly. Project that will have to be voted by Parliament before the end of the year, by default, which will be necessary to resort to a special law again to renew the budget of the previous year.
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Source: BFM TV
