France’s Government Risks New Collapse, Weighing on Markets

Prime Minister Francois Bayrou called a confidence vote that may topple France’s government as soon as next month, prompting a selloff in French assets as investors hedged for more political uncertainty.

The far-right National Rally party, the leftist France Unbowed and the Greens all said they would vote against the Sept. 8 motion while the Socialists said they wouldn’t back the government. If a majority of lawmakers vote against Bayrou, he’ll be forced to submit his government’s resignation.