By Amanda Cooper and Samuel Indyk
LONDON (Reuters) -French assets slid along with the euro on Monday, after new Prime Minister Sebastien Lecornu resigned given mounting pressure from leftist lawmakers over his budget plans, thrusting the euro zone’s second-largest economy deeper into crisis.
Paris’ CAC 40 dropped 2%, making it by far the worst-performing index in Europe, as banking shares came under heavy fire, leaving BNP Paribas, Societe Generale and Credit Agricole down 4-5%.
The euro slid 0.7% on the day to $1.1665.
Lecornu’s swift resignation was unexpected and unprecedented and marked another major deepening of France’s political crisis.
“It’s concerning that the new cabinet only lasted 12 hours,” said Danske Bank analyst Kirstine Kundby-Nielsen.
“There seems to be no willingne