fromLondon Business News | Londonlovesbusiness.com
1 week agoEuro rises on peace talks progress - London Business News | Londonlovesbusiness.com
Negotiators from the US and Ukraine signalled meaningful progress toward a refined peace framework. Talks in Geneva were described as "highly productive," which could support a more positive sentiment for European markets. The constructive tone gave the euro a lift, reflecting expectations of reduced geopolitical risks in Europe. Still, the currency's upside remains constrained by fiscal and political uncertainty in France. Over the weekend, the National Assembly rejected key sections of the 2026 budget bill, reigniting concerns about Paris's ability to deliver fiscal consolidation