Off-key notes in Paris’s chanson d’amour

Now that the French market regulator has given its seal of approval to the merger between the New York Stock Exchange and Euronext, the deal is as good as done, although technically it still needs to hear from a number of other European regulators. With more than 90% of the votes cast in favour of the deal, the French establishment is now singing its praises – a remarkable change of tune from a few months earlier when the big hit was “a European solution”.