France's Political and Budget Drama Spooks Investors

France's Political and Budget Drama Spooks Investors

Assessment

Interactive Video

Business, Social Studies

University

Hard

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Marine Le Pen, leader of the National Rally, threatens a no confidence vote against French PM Michel Barnier over budget disagreements, causing market instability. French borrowing costs are rising, and Le Pen's demands include pension indexation and electricity taxes. As a key figure in the National Assembly, her influence grows after Macron's party lost elections. Finance Minister Antoine Armand aims to prevent government collapse by making budget concessions. A no confidence vote could occur by December 4 or before Christmas.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What action has Marine Le Pen threatened to take if there is a disagreement on the budget?

Support a vote of no confidence against the Prime Minister

Call for new elections

Resign from her position

Propose a new budget plan

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What has been the impact on French borrowing costs due to the political situation?

They have decreased significantly

They have reached the level of Greece

They have remained stable

They have become the lowest in Europe

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT one of Marine Le Pen's red lines?

Reduction of military spending

Taxes on electricity

Indexation of pensions on inflation

Prices of medicine

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the French finance minister's strategy to avoid a government collapse?

Implement austerity measures

Call for international aid

Make concessions on the budget

Increase taxes

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When is the first vote of no confidence expected to occur?

Next summer

As soon as December 4

In January

In November