Veron: ‘Distinguishing the real French political crisis from the lack of a immediate financial one’

François Bayrou faces a crucial confidence vote just nine months into his tenure, plunging France into fresh political turmoil and heightening pressure on President Macron. Bayrou shocked allies by calling the vote himself, aiming to end a deadlock over his controversial €44 billion austerity budget. For historical context and in-depth analysis, FRANCE 24’s Annette Young welcomes Nicolas Véron, French Economist and Senior Fellow at Bruegel and the Peterson Institute for International Economics.