Latest Michel Barnier News

President Macron names centrist ally Bayrou as France's next prime minister

Dec. 13, 2024 13:15 PM EST

PARIS (AP) — French President Emmanuel Macron on Friday named centrist ally François Bayrou as prime minister in an effort to address the country's deep political crisis, after a historic parliamentary vote ousted the previous government last week. Bayrou, 73, a crucial partner in...

ECB cuts rates a quarter point amid concerns of tepid growth, impact of Trump trade policies

Dec. 12, 2024 11:22 AM EST

FRANKFURT, Germany (AP) — The European Central Bank has cut rates by a quarter percentage point amid signs of weakening growth and concern about the impact of political chaos in France and the possibility of new U.S. import tariffs after Donald Trump takes office as president. The...

Macron seeks political deal to name a new prime minister and restore France's stability

Dec. 12, 2024 01:53 AM EST

PARIS (AP) — French President Emmanuel Macron is seeking a political deal that would allow him to both name a new prime minister and “guarantee the stability of the country,” following the resignation of ousted Prime Minister Michel Barnier, a spokesperson for the outgoing government said...

Europe's economy needs help. Political chaos in France and Germany means it may be slower in coming

Dec. 08, 2024 02:17 AM EST

BRUSSELS (AP) — Even before the French and German governments collapsed, Europe’s economy had enough difficulties. Tepid growth and lagging competitiveness versus the U.S. and China. An auto industry that's struggling. Where to find billions for defense against Russia? And now Donald Trump...

The Latest: The famed Notre Dame Cathedral in Paris reopens to great fanfare

Dec. 07, 2024 15:26 PM EST

PARIS (AP) — Notre Dame is reopening its doors for the first time since a fire in 2019 nearly destroyed Paris' beloved 12th-century cathedral. World leaders — including President-elect Donald Trump, America’s first lady Jill Biden, Britain’s Prince William and Ukrainian...

Stock market today: Wall Street hits more records following a just-right jobs report

Dec. 06, 2024 17:18 PM EST

NEW YORK (AP) — U.S. stocks rose to records Friday after data suggested the job market remains solid enough to keep the economy going, but not so strong that it raises immediate worries about inflation. The S&P 500 climbed 0.2%, just enough top the all-time high set on...

France's Macron vows to stay in office till end of term, says he'll name a new prime minister soon

Dec. 06, 2024 08:34 AM EST

PARIS (AP) — French President Emmanuel Macron vowed to stay in office until the end of his term, due in 2027, and announced that he will name a new prime minister within days in efforts to overcome the political deadlock following the resignation of ousted Prime Minister Michel Barnier. ...

Stock market today: Wall Street edges back from its records as bitcoin briefly pops above $100,000

Dec. 05, 2024 17:18 PM EST

NEW YORK (AP) — The huge rally for U.S. stocks lost momentum on Thursday as Wall Street counted down to a big jobs report that’s coming on Friday. The crypto market had more action, and bitcoin briefly burst to a record above $103,000 before pulling back. The S&P 500 slipped...

The Latest: French President Macron will name a new prime minister 'in coming days'

Dec. 05, 2024 15:01 PM EST

PARIS (AP) — French President Emmanuel Macron came out fighting Thursday in his first comments following the resignation of ousted Prime Minister Michel Barnier, a day after a historic no-confidence vote at the National Assembly left France without a functioning government. Macron...

French lawmakers vote to oust prime minister in the first successful no-confidence vote since 1962

Dec. 04, 2024 16:42 PM EST

PARIS (AP) — France’s far-right and left-wing lawmakers joined together Wednesday in a historic no-confidence vote prompted by budget disputes that forces Prime Minister Michel Barnier and his Cabinet members to resign, a first since 1962. The National Assembly approved the...