France's Euro fell due to a hung parliament, with the NPF winning the most seats, raising concerns over France's fiscal outlook and EU relations.
The Euro fell after exit polls indicated a hung parliament in France, with the left-wing New Popular Front (NPF) grouping unexpectedly winning the most seats. The unexpected outcome raises concerns over France's fiscal outlook, as the NPF intends to drive a significant increase in government spending, potentially provoking significant clashes with the European Union.
July 07, 2024
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