Open Editor's Digest for free
Rula Khalaf, editor of the Financial Times, picks her favorite stories in this weekly newsletter.
New French Prime Minister François Bayrou has chosen Eric Lombard, head of state-backed financial group Cases de Dieppe, as finance minister, handing him the lead role in trying to enact next year's budget.
Bayrou's predecessor, Michel Barnier, was as well Who was overthrown by the French Parliament In a vote of no confidence earlier this month due to opposition from far-left and right-wing political parties to his deficit reduction budget.
The members of Bayrou's cabinet were revealed on Monday evening after days of debate between him and President Emmanuel Macron, who formally appoints ministers based on the prime minister's recommendations.
This is a developing story.
