Paris stock market sinks after new PM resigns
The Paris stock market slipped Monday as Prime Minister Sebastien Lecornu resigned after a month in the job, plunging the country into further political turmoil.
The CAC 40 index of blue-chip stocks was down more than two percent at around 0800 GMT.
Shares in European banking giant BNP Paribas were down 4.5 percent in midday trading, Societe Generale shed almost six percent and Credit Agricole lost more than four percent.
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