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Euro and Paris stock market slide amid French political crisis; gold at record high near $4,000 per ounce – business live

The Guardian•Monday, October 6, 2025 at 9:44:35 AM

NegativeFinancial Markets

Euro and Paris stock market slide amid French political crisis; gold at record high near $4,000 per ounce – business live

France is facing a significant political crisis as Prime Minister Sebastien Lecornu unexpectedly resigns after just a month in office, leading to a sharp decline in French bank stocks and raising concerns about the stability of the eurozone's second-largest economy. This situation is critical as it not only affects the financial markets but also raises questions about the future of governance in France, making it a pivotal moment for both the country and the broader European Union.

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