STOXX 600 down 0.1
Auto stocks worsthit index
French far right party likely to vote noconfidence against govt RN39;s Bardella
Delivery Hero says Glovo riders in Spain to become employees

Dec 2 Reuters Europe39;s main share index fell on Monday, as investors sold off French stocks due to concerns over the country39;s political turmoil, while Stellantis slid, dragging the automobile sector down following the carmaker39;s abrupt CEO resignation.

The panEuropean STOXX 600 index was down 0.1 as of 0935 GMT, with France39;s benchmark CAC 40 dropping 1 and underperforming regional bourses.

French bonds and the euro also took a hit, with the country39;s borrowing costs rising above Greece39;s for the first time.

In a worsening political crisis, France39;s farright National Rally39;s president Jordan Bardella said the party would force the collapse of Prime Minister Michel Barnier39;s government unless in a last minute miracle he yields to their demands on the budget.

Swissquote Bank39;s senior market analyst Ipek Ozkardeskaya said there seems to be no solution to both please Marine Le Pen39;s leading RN lawmaker asks and reduce the budget deficit in line with EU demands. Barnier could make concessions but will have to convince investors that things will work, she added.

Meanwhile, Paris and Milanlisted Stellantis39; shares slumped 8 each after CEO Carlos Tavares39;s resignation. The automobile index emerged as the worsthit, down nearly 2, with Renault and Valeo dropping…