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France has announced a new government | investingLive

France has announced a new government has been formed.

Macron has appointed the new cabinet. Roland Lescure reappointed as Finance Minister.

There has been a shuffling around for other positions.

French PM Lecornu:

  • must end the French political crisis
  • improving French public accounts is still a priority
  • cannot avoid the necessity of restoring France’s public finances
  • government aims to get a budget before the end of the year
  • all issues raised during the consultations held in recent days will be open to parliamentary debate

At the margin this is a euro positive, but not too mcuh with all the leaks and murmurings ahead of the official announcement.