Jonathan Cook
on December 24th, 2025 The euro carriers a little political risk heading into the new year. France is still (yes, still) negotiating its budget in a protracted piece of political theatre that makes Washington look amateurish. An emergency rule delaying another vote until 2026 is expected to pass, but the parties will still need to reach a consensus if they hope to avoid another go in the prime ministerial carousel.
GBP/EUR: the past year
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