Berliner Boersenzeitung - France's new PM says to form government 'next week'

EUR -
AED 3.879496
AFN 71.757131
ALL 98.290674
AMD 417.887896
ANG 1.9018
AOA 962.19481
ARS 1066.276545
AUD 1.623289
AWG 1.901191
AZN 1.790669
BAM 1.956221
BBD 2.130548
BDT 126.097119
BGN 1.955496
BHD 0.398091
BIF 3117.544274
BMD 1.056217
BND 1.418339
BOB 7.291534
BRL 6.349027
BSD 1.055222
BTN 89.103742
BWP 14.415032
BYN 3.452726
BYR 20701.856302
BZD 2.126947
CAD 1.478936
CDF 3031.34326
CHF 0.930847
CLF 0.037397
CLP 1031.892312
CNY 7.648385
CNH 7.65186
COP 4666.578649
CRC 538.923559
CUC 1.056217
CUP 27.989755
CVE 110.288197
CZK 25.256246
DJF 187.909524
DKK 7.457749
DOP 63.714608
DZD 140.858172
EGP 52.381867
ERN 15.843257
ETB 130.727772
FJD 2.392439
FKP 0.83369
GBP 0.831723
GEL 2.888761
GGP 0.83369
GHS 16.303429
GIP 0.83369
GMD 74.991114
GNF 9094.171116
GTQ 8.141712
GYD 220.69642
HKD 8.221192
HNL 26.698121
HRK 7.534271
HTG 138.343028
HUF 411.62262
IDR 16749.438885
ILS 3.844377
IMP 0.83369
INR 89.326608
IQD 1382.290743
IRR 44440.337179
ISK 145.662634
JEP 0.83369
JMD 166.256543
JOD 0.748964
JPY 158.47218
KES 137.044409
KGS 91.678667
KHR 4253.015353
KMF 492.725985
KPW 950.595042
KRW 1474.463336
KWD 0.324683
KYD 0.879385
KZT 540.393663
LAK 23158.871095
LBP 94493.975284
LKR 306.744519
LRD 189.41253
LSL 19.175133
LTL 3.118735
LVL 0.638895
LYD 5.148083
MAD 10.559821
MDL 19.321064
MGA 4927.036323
MKD 61.539109
MMK 3430.552129
MNT 3589.025847
MOP 8.458579
MRU 42.094249
MUR 49.061075
MVR 16.318516
MWK 1829.784866
MXN 21.549745
MYR 4.694896
MZN 67.47977
NAD 19.175133
NGN 1760.188127
NIO 38.829822
NOK 11.695973
NPR 142.568687
NZD 1.785644
OMR 0.406656
PAB 1.055227
PEN 3.959527
PGK 4.255016
PHP 61.998362
PKR 293.348201
PLN 4.29591
PYG 8229.730991
QAR 3.846309
RON 4.975707
RSD 116.952797
RUB 113.551418
RWF 1468.843714
SAR 3.968166
SBD 8.862286
SCR 14.639535
SDG 635.313851
SEK 11.524232
SGD 1.415088
SHP 0.83369
SLE 23.97376
SLL 22148.350702
SOS 603.026837
SRD 37.39538
STD 21861.562682
SVC 9.232942
SYP 2653.777147
SZL 19.183035
THB 36.181249
TJS 11.501983
TMT 3.707322
TND 3.333401
TOP 2.473766
TRY 36.641102
TTD 7.170508
TWD 34.330756
TZS 2788.413485
UAH 43.88443
UGX 3893.819002
USD 1.056217
UYU 45.199507
UZS 13574.148262
VES 49.890432
VND 26771.408202
VUV 125.396223
WST 2.948526
XAF 656.094999
XAG 0.034383
XAU 0.000397
XCD 2.854479
XDR 0.80717
XOF 656.094999
XPF 119.331742
YER 263.975043
ZAR 19.055409
ZMK 9507.222275
ZMW 28.463987
ZWL 340.101494
  • CMSC

    -0.0500

    24.52

    -0.2%

  • GSK

    0.3100

    34.33

    +0.9%

  • RIO

    0.2900

    62.32

    +0.47%

  • SCS

    -0.0700

    13.47

    -0.52%

  • AZN

    0.8400

    67.2

    +1.25%

  • NGG

    0.5000

    63.33

    +0.79%

  • CMSD

    -0.0700

    24.36

    -0.29%

  • BTI

    0.2300

    37.94

    +0.61%

  • RYCEF

    0.1100

    6.91

    +1.59%

  • JRI

    0.1700

    13.41

    +1.27%

  • BP

    0.1700

    29.13

    +0.58%

  • BCC

    -2.0100

    146.4

    -1.37%

  • RBGPF

    1.0000

    62

    +1.61%

  • RELX

    0.2400

    47.05

    +0.51%

  • VOD

    0.1100

    8.97

    +1.23%

  • BCE

    0.3900

    27.02

    +1.44%

France's new PM says to form government 'next week'
France's new PM says to form government 'next week' / Photo: Ludovic MARIN - AFP/File

France's new PM says to form government 'next week'

France will have a new government "next week", recently installed conservative Prime Minister Michel Barnier said Wednesday, as he sounded out candidates to run ministries faced with an unpredictable hung parliament.

Text size:

"We're going to do things methodically and seriously," Barnier told reporters in the eastern city of Reims, adding that he was "listening to everybody" in a political scene split into three broad camps since July's inconclusive snap parliamentary election.

"We're going to name a government next week," he said.

Barnier, who has served as environment, foreign and agriculture minister and was the EU's former chief Brexit negotiator, was named last week by President Emmanuel Macron as his compromise pick for head of government.

With no longer even a relative majority in parliament following his decision to dissolve the National Assembly, Macron delayed picking a PM for weeks over the summer as he tried to find someone who would not suffer an immediate no-confidence vote.

The chamber is largely divided between Macron's centrist supporters -- now loosely allied with Barnier's rump conservative party -- the left-wing NFP alliance and the far-right National Rally (RN).

NFP leaders have vowed to vote no confidence in any government not headed by them after they secured the most votes, but fell well short of a majority.

Meanwhile Macron appears to have taken care to find a candidate in Barnier who does not immediately raise the hackles of the RN.

Rumours are swirling in Paris about who might claim key ministries after Barnier said he was open to working with people on the left or right.

"For now, the names in circulation seem to be just wish lists of people wanting to receive a ministerial portfolio," Politico's French edition wrote Wednesday.

One prominent Socialist, Karim Bouamrane, mayor of the Paris suburb of Saint-Ouen, said he had turned down an invitation to serve.

"We have a right-wing prime minister approved of by the RN, a prime minister under supervision," Bouamrane told Franceinfo radio.

An October 1 deadline to file a draft government budget for 2025 has Barnier under pressure to get moving and sets him and his new team up for a fierce battle over taxes and spending.

In particular, both the NFP and RN promised ahead of the July elections to overturn last year's unpopular pension reform that increased the official retirement age to 64 from 62.

(Y.Yildiz--BBZ)