🇫🇷 France

As of 2026-11-12

Geopolitics & Diplomacy

France 2027 budget: Assembly rejects revenue section 458-0, Senate debate from Nov. 20
The National Assembly on Nov. 4 rejected the revenue section of the 2027 finance bill by 458 votes to none, with two abstentions. The government will send the original text to the Senate without the Assembly's amendments, with Senate debate starting Nov. 20. Prime Minister Sebastien Lecornu could use Article 49.3, which would expose his government to a no-confidence motion; no new motion has been reported.
Sources: lcp.fr

CAC 40 rises 0.66% to 8,332.88
[Wed 11/11 close] The CAC 40 gained 54.29 points amid a Europe-wide rebound in AI-linked shares. The euro slid to around $1.11 against a strong dollar, touching $1.1083, its lowest since May 2025.
Sources: investinglive.com news.futunn.com

France proposes 50-million-barrel diesel release in response to US diesel export ban threat
France proposed releasing 50 million barrels of European diesel and 50 million barrels of IEA crude (about 17% of EU diesel stocks), and the US warned Germany and France of a diesel export ban if they failed to release reserves. It ended with the G7 agreement of 100 million barrels on 2 October.
Sources: irishtimes.com france24.com