A stopgap budget meant to stave off US-style shutdown in France is ready – POLITICO

A stopgap budget meant to stave off US-style shutdown in France is ready – POLITICO

French President Emmanuel Macron promised to quickly name a replacement, and could do so as early as Wednesday, according to a presidential adviser who spoke to POLITICO on the condition of anonymity as he was not authorized to be named. Several names have circulated in French media in recent days, including centrist Macron ally François … Read more

French PM Barnier promises ‘fiscal fairness’ will help keep debt under control – POLITICO

French PM Barnier promises ‘fiscal fairness’ will help keep debt under control – POLITICO

“The French want and need more justice,” he said, noting that, in parallel, his government will “make efforts to have a better use of public money.” France is currently facing a so-called excessive deficit procedure in Brussels for overspending last year. France’s deficit ― the difference between how much it spends and how much it … Read more

Macron rejects left’s PM candidate, keeping governance talks stalled – POLITICO

Macron rejects left’s PM candidate, keeping governance talks stalled – POLITICO

The snap legislative election was called by the Macron after his centrist party was trounced in June’s European Union election by the far-right National Rally. While the far right party was tipped sweep the board, the hastily assembled New Popular Front electoral coalition, composed of the main left-wing forces in France, secured a surprise victory. … Read more

France needs to cut over €100B so it doesn’t end up like Italy – POLITICO

France needs to cut over €100B so it doesn’t end up like Italy – POLITICO

“The good news is that France has so far remained in control of its own destiny,” Council members Adrien Auclert, Thomas Philippon and Xavier Ragot wrote. “Our debt is the direct consequence of our budgetary choices. It is not the mechanical accumulation of a snowball thrown down a steep hill” as opposed to Italy, where public debt … Read more

Eurozone debt keeps climbing – POLITICO

Eurozone debt keeps climbing – POLITICO

France, whose debt status is being closely watched after a ratings downgrade and political instability sparked by President Emmanuel Macron’s announcement of snap elections, saw its debt go up by 0.9 percentage points of GDP compared with the previous quarter. Greece continues to be the most indebted country in the eurozone, with total debt at … Read more

Le Pen threatens to clip Macron’s wings on Ukraine and defense – POLITICO

Le Pen threatens to clip Macron’s wings on Ukraine and defense – POLITICO

“The constitutional ambiguity would block decision-making,” said Landot. No holds barred Since the election of dozens of National Rally lawmakers in the last parliamentary election, the far-right lawmakers have been far from wreckers, refraining from the filibustering and noisy heckling favored by the far-left France Unbowed party. At times, Macron’s centrists were embarrassed by National … Read more

Dagestani official sacked after sons implicated in Sunday’s deadly attacks – POLITICO

Dagestani official sacked after sons implicated in Sunday’s deadly attacks – POLITICO

“In [events] in the Caucasus, we see another instance of the Russian regime’s loss of control in various places, which come as a surprise to the regime itself,” Alexander Baunov, a senior fellow at the Carnegie Russia Eurasia Center and a former Russian diplomat, wrote in a post on Telegram.  Kremlin spokesman Dmitry Peskov rejected … Read more

Russia accuses France of fomenting war in the Caucasus with arms sale – POLITICO

Russia accuses France of fomenting war in the Caucasus with arms sale – POLITICO

Paris has in recent months ramped up military cooperation with Yerevan with contracts and training. Arms sales include Thales-made GM200 air surveillance radars, while talks are underway on contracts for MBDA-made Mistral missiles. Earlier on Tuesday, Azerbaijan accused France of undermining the stability of the turbulent region, less than a year since Baku itself launched … Read more

Will Spain’s prime minister resign? – POLITICO

Will Spain’s prime minister resign? – POLITICO

Sánchez has spent the past five days secluded, meditating on his future. Supporters and opponents alike now await a decision that has the potential to radically alter Spain’s political landscape and significantly impact the distribution of the EU’s top jobs after June’s European Parliament election. ¡Quédate, Pedro! Sánchez’s announcement last Wednesday was motivated by news that … Read more

EU top diplomat warns Mideast is ‘a boiler that can explode’ – POLITICO

EU top diplomat warns Mideast is ‘a boiler that can explode’ – POLITICO

As the U.S. strikes reportedly killed more than 40 people, Iran’s foreign ministry spokesperson Nasser Kanaani said in a statement that it represented “another adventurous and strategic mistake by the United States that will result only in increased tension in instability in the region.” Russia called for a meeting of the United Nations Security Council, … Read more