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    Macron’s Crisis: Lecornu’s Reappointment & French Political Turmoil

    Macron’s Crisis: Lecornu’s Reappointment & French Political Turmoil

    Macron faces political turmoil after Lecornu's reappointment and government's brief resignation. Socialists threaten no-confidence vote, raising risk of new elections amid rising populism. France's economy also faces scrutiny.


    ECB leaves rates unchanged, keeps door open to September cut

    ECB leaves rates unchanged, keeps door open to September cut

    Journalists are also expected to quiz Lagarde about the consequences for ECB policy of developments in France, where a recent election produced a parliament dominated by parties that have opposed President Emmanuel Macron’s attempts to cut a yawning fiscal deficit.