French Government Collapses After Vote Of No Confidence
French Government Collapses After Vote Of No Confidence
The French government collapsed on Wednesday following a successful no-confidence vote, throwing France, the eurozone's second-largest economy, into political turmoil.
法国政府星期三因成功的不信任投票而倒台,将欧元区第二大经济体法国推入政治动荡中。
The Details: The motion passed with 331 votes, far exceeding the required 288, as lawmakers from both the leftist New Popular Front (NFP) alliance and the far-right National Rally (RN) united in opposition.
详细内容:该动议获得了331票的通过,远远超过了所需的288票,因为来自左翼新人民阵线(NFP)联盟和极右翼国民集会(RN)的议员联合反对。
The historic vote was triggered after Prime Minister Michel Barnier used special constitutional powers to force a social security budget bill through Parliament without a vote.
历史性的投票是在米歇尔·巴尼尔总理利用特别的宪法权力强行通过社会安全预算法案而不经过投票后触发的。
Barnier, who had been in office for just three months, will now have to resign, marking the shortest tenure for a prime minister in France's Fifth Republic.
巴尼尔仅任职三个月就将不得不辞职,这标志着他成为法国第五共和国历史上任职时间最短的总理。
Why It Matters: The government's fall complicates France's efforts to address its budget deficit and implement planned spending cuts and tax increases.
为什么值得关注:政府的倒台使法国努力解决预算赤字和实施计划中的支出削减和税收增加变得更加复杂。
French President Emmanuel Macron must face the challenge of appointing a new prime minister, with the political landscape remaining divided until the next possible legislative elections in summer 2025.
法国总统埃马纽尔·马克龙必须面对任命新总理的挑战,政治格局将一直分裂,直到2025年夏季可能的立法选举。
Barnier is expected to resign immediately and Macron is supposed to ask him to continue as a "caretaker" prime minister while looking for a replacement.
预计巴尼尔将立即辞职,马克龙应要求他在寻找接替者的同时继续担任“看护”总理。
Investors can monitor the market's reaction to the political turmoil through the iShares MSCI France ETF (NYSE:EWQ) which provides targeted exposure to the French economy. The ETF's top holdings include LVMH Moet Hennessy Louis Vuitton (OTC:LVMHF) (OTC:LVMUY), TotalEnergies SE (NYSE:TTE) and Schneider Electric SE (OTC:SBGSY).
投资者可以通过纽交所iShares MSCI法国ETF(NYSE:EWQ)监控市场对政治动荡的反应,该ETF提供针对法国经济的定向暴露。 该ETF的主要持股包括路威酩轩(场外交易:LVMHF)(场外交易:LVMUY),道达尔能源公司(纽交所:TTE)和施耐德电气公司(场外交易:SBGSY)。
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Photo: Shutterstock
Photo: shutterstock