On Friday, the world's leading credit rating agency kept France's credit rating unchanged, but expressed concern about the 'considerable risk' that the government's planned cost-cutting measures will not materialize.

The French government is prepared to “make concessions” to get its budget though parliament and avoid a market “storm”, the country’s finance minister said on Thursday, in a stand-off that risks bringing down Michel Barnier,

The future for French Prime Minister Michel Barnier's government looks bleak, with his struggles to push the 2025 budget through a polarised parliament increasingly likely to end in the toppling of his fragile coalition.