ECB’s Lagarde Says EU Institutions Hope France Finds Budget Path
European Central Bank (ECB) President Christine Lagarde has expressed the hope that France will find a path to adopt a budget, as the country faces a political crisis. Lagarde stated that EU institutions are closely monitoring the situation in France. The French government has been facing difficulties in passing a budget due to a lack of a clear parliamentary majority. This has led to a political stalemate, with the government struggling to secure the necessary support for its fiscal plans. Lagarde emphasized the importance of France finding a solution to this issue, as the country's financial stability and economic growth are crucial for the broader European Union. The ECB, along with other EU institutions, is closely following the developments in France and hoping that the government can navigate this challenging situation effectively.
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