French parliament finds confidence in PM Lecornu (i.e. the no-confidence motion failed); another motion to follow shortly

• 269 members voted in favor of the no-confidence motion, 288 needed for the motion to pass.

The French parliament's failure to pass the no-confidence motion against PM Lecornu reflects a temporary stability in the government. This could impact sentiment toward the EUR and investor confidence in French political stability, particularly as another motion is on the horizon, which may create further uncertainty.