5 Hrs
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الاقتصادية
European stocks fall amid unrest
European stocks declined, particularly the French CAC 40 index, which fell by 1.02%, following a wave of violent protests in France over rising prices and deteriorating public services. The protests led to police losing control in some cities. The violence has raised fears of a political and economic crisis, resulting in pressure on the euro and a noticeable drop in French government bond yields. Meanwhile, the French economy faces significant challenges related to its debt, with a projected budget deficit exceeding 6% of GDP next year, amidst difficulties in implementing reforms to the social and pension systems.
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