reconvene parliament in an extraordinary
I will engage the government's
general policy statement and accordance
This general policy speech will pose the
the nation is serious, whether there is
path to regain control of our public
Let's bring in Bloomberg's Carolyn
currently to explain for us then why the
of no confidence in his own government
success for him, for the prime minister
Somewhat concerned about who is trying
anger in France against his budget and
face in October when this budget was
entire summer.
summer vacations, instead trying to
billion in the next 2026 budget.
every second of the French debt
He even made little videos on the social
to talk directly to the French.
paid off.
lowest of any prime minister over the
And really the vast majority, 85% of the
proposal of scrapping to French bank
So all this making it a very difficult
So rather than facing a general national
is now calling for this vote of no
Now the chances of another government
already, just minutes after his speech
Le Pen, the far only commercial, have
Bayrou.
only tiny chance.
from the first secretary of the
state of the budget, it is unthinkable
this vote of confidence.
they will present an alternative budget
Okay, so we'll watch the socialists.
been waking up to this risk.
going to wade and the markets over the
Again, we saw last night the check for
after the speech.
again, on French bonds.
French ten year has increased to 75
It was around 90 basis points when his
last December.
recovered since President Macron cold
And the situation is not going to get
any better until September eight.