The French PM Sébastien Lecornu Tenders Resignation Following Under a 30-Day Period in Office
The nation's PM Sébastien Lecornu has resigned, under 24 hours after his ministers was unveiled.
The Elysée palace issued a statement after Lecornu met Macron for an hour on the start of the week.
This surprising decision comes only under four weeks after Lecornu was named premier following the dissolution of the previous government of François Bayrou.
Various groups in the National Assembly had sharply condemned the makeup of Lecornu's cabinet, which was very close to the previous one, and threatened to vote it down.
Demands for Snap Polls and Political Instability
Several parties are now calling for new parliamentary polls, with certain voices urging the President to step down as well - although he has always said he will not leave before his term ends in five years from now.
"Macron needs to choose: parliament's dissolution or stepping down," said Chenu, one of leading figures of the RN party.
The outgoing PM - the previous military head and a supporter of Macron - was France's fifth prime minister in a two-year span.
Background of Government Turmoil
France's political landscape has been very volatile since July 2024, when sudden national voting resulted in a deadlocked assembly.
This has posed obstacles for any prime minister to obtain required votes to pass any bills.
The former cabinet was defeated in September after lawmakers voted against his fiscal tightening package, which aimed to reduce public expenditure by $51 billion.
Financial Challenges and Stock Reaction
France's deficit reached nearly 6% of the economy in the current year and its public debt is 114 percent of GDP.
That is the number three debt level in the European monetary union after two southern European nations, and equal to almost €50,000 per French citizen.
Stocks fell sharply in the Paris bourse after the announcement about the PM was released on Monday morning.
