Published by Global Banking & Finance Review®
Posted on August 27, 2025
1 min readLast updated: January 22, 2026
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Macron reassures his cabinet of France's economic stability amid a market slump, as Prime Minister Bayrou seeks a confidence vote on budget plans.
PARIS (Reuters) -French President Emmanuel Macron, referring to a slump this week in the French stock and bond markets ahead of a looming government confidence vote, told members his cabinet that France was solid, a government spokesperson told reporters.
"France is a solid country with solid economics ... but we must take the reins of our destiny," government spokesperson Sophie Primas said, describing Macron's remarks. "It's a strong signal that we are sending to the financial markets that we want to have a France that is even more solid."
Prime Minister Francois Bayrou told reporters on Monday that he would seek a vote of confidence in his government over his budget plans, which he appears set to lose.
Macron did not discuss the option of dissolving Parliament in the meeting, Primas said.
(Reporting by Michel Rose and Elizabeth Pineau; Editing by Makini Brice and Sudip Kar-Gupta)
Macron stated that France is a solid country with solid economics, emphasizing the need to take control of their destiny.
The French stock and bond markets experienced a slump this week, coinciding with a looming government confidence vote.
Prime Minister Francois Bayrou plans to seek a vote of confidence in his government regarding his budget plans.
No, Macron did not discuss the option of dissolving Parliament during the cabinet meeting.
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