Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
French President Emmanuel Macron Delays Government Formation Until After Olympics in Hopes of New Coalition Dynamics

French President Emmanuel Macron Delays Government Formation Until After Olympics in Hopes of New Coalition Dynamics

CointimeCointime2024/07/25 10:20
By:Cointime

French President Emmanuel Macron has announced that he will delay forming a government until after the Olympics, possibly in the hope that the Nouveau Front Populaire (NFP) grouping will fall apart. He has called for a political truce during the Olympics, and there are signs of new coalition dynamics emerging. Yaël-Braun-Pivet has been re-elected as the speaker of the Assembly, with the NFP and Republicans supporting her, and the NFP gaining 12 of 22 positions in the Assembly. There is a possibility of a centrist coalition spanning left to right, but it may require more political strife and could take until late August to form a durable government.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Bitcoin (BTC) Faces Market Cooldown Amidst Declining Capital Inflows

Bitcoin's (BTC) market momentum declines as capital inflows weaken across digital assets. Ethereum, Solana, and Memecoins see significant corrections, reflecting shifting investor sentiment.

blockchain.news2025/02/21 02:33

What’s behind ‘bearish’ altcoin action: Amberdata

Even before LIBRA, altcoins were having a rough start to the year

Blockworks2025/02/21 01:22