The preliminary proposal was that they needed to scale back the reimbursements, so that they’re now abandoning their plan in pursuing that. This was a sticking level in negotiations for the price range and the far-right had used this as a key consider pushing for a no confidence movement in opposition to Michel Barnier’s authorities. We’ll see if it is going to be sufficient although.
The CAC 40 index has now turned increased on the day, up 0.3%. It was down over 1% on the open earlier than retaining decrease by round 0.2% earlier than this as European indices recovered barely after the poor begin.
