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Viewsroom

France raises ghosts of last euro zone crisis

Viewsroom

Reuters

News

4.458 Ratings

🗓️ 27 June 2024

⏱️ 14 minutes

🧾️ Download transcript

Summary

French voters will go to the polls this weekend for the first round of the parliamentary elections. In this Viewsroom podcast, Breakingviews columnists discuss why the country’s rising bond yields and the risks of contagion will be uncomfortably familiar for investors. Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices. You may also visit megaphone.fm/adchoices to opt-out of targeted advertising. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:23.3

Sign up for your £1 per month trial at Shopify.com.uk.

0:27.7

The views expressed on this podcast are those of the participants, not of Roalders News.

0:37.4

A political upheaval again threatens the European Union stability, but this time it snap

0:43.5

elections in France, one of the bloc's central pillars.

0:46.9

This weekend, voters will head to the polls for a first round of voting in what President

0:51.5

Emmanuel Macron has fashioned as a referendum on his leadership

0:55.1

and whether the public is really willing to accept his party's rivals on the far left and right.

1:00.5

The consequences of that vote are the focus of this week's newsroom.

1:05.0

Welcome back to the newsroom. I'm Amy Donlon.

1:07.4

And I'm Jonathan Guilford. This week, we are joined by Breaking View's Global Economics Editor Francesco Guerrera and columnist Pierre Prienson, who have been following the

1:15.3

developments in France and investors' response closely. So stay tuned for the views room, the weekly

1:20.4

podcast from Reuters Breaking Views, where Amy and I chat with our fellow columnists about the big

1:25.0

stories of the week. And please, rate us or leave us a review on whatever podcast platform you find us.

1:30.6

We're coming to you from London.

1:32.0

And New York City.

1:40.0

This weekend, we will have the first round of voting in the French elections.

1:44.7

So Pierre, if I could start with you, what are the polls telling us about what the government

1:49.6

in France is most likely to look like at this stage?

1:53.2

The polls don't tell us anything about how the government will look like because it's going

1:57.3

to be a big mess after the second round of the election and the mess will start as soon as next Monday after the first round.

2:03.7

While the different parties are polling respectively, the far right is pulling at about a third of the vote.

...

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