European stocks are falling after the opening of trading. Investors are expressing concerns that protests in France will slow down efforts to cut spending. The pan-European STOXX Europe 600 index, which tracks trading on exchanges in Britain and selected EU countries, was showing a decline of 0.66 percent to 635 points after 09:30 CEST.
You might be interested in: What does hawkish policy mean for the markets?
European markets under pressure
Frankfurt’s DAX index was down 0.86 percent at 25,102 points. The Paris CAC 40 index fell 0.45 percent to 7,832 points. London’s FTSE 100 index was down 0.5 percent at 10,710 points. The Irish ISEQ index showed a decline of more than one percent to 13,914 points. The Warsaw stock exchange index showed a decline of 0.77 percent to 4,181 points, and the Prague Stock Exchange’s PX index fell 0.4 percent to 2,630 points.
“France appears to be heading toward a fiscal crisis that could spread and potentially lead to a recession in the eurozone. However, several factors suggest the risk of the crisis spreading to bond markets and the economies of other countries is lower than during the debt crisis in early 2010,” Capital Economics told its clients.
Don’t miss: Mercuryo Review 2026
From student strikes to a political crisis
The weekend protests in France followed weeks of student demonstrations against the underfunding of education; farmers, trade unionists, and various protest groups joined the demonstrations. In some places, the protests turned into violence and looting.
A night curfew, which French authorities declared in parts of Paris and other cities, helped keep the peace overnight, Prime Minister Sébastien Lecornu stated. On Monday, he had already blamed the far left for organizing the violence, which intelligence services say is trying to stir up unrest lasting until the presidential elections planned for spring.
Don’t miss: Wonderinterest Trading Ltd. Review
Source: ČTK
