{"id":105844,"date":"2025-10-06T09:01:12","date_gmt":"2025-10-06T13:01:12","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/french-prime-minister-resigns-less-than-month-after-taking-office-105844"},"modified":"2025-10-06T09:01:12","modified_gmt":"2025-10-06T13:01:12","slug":"french-prime-minister-resigns-less-than-month-after-taking-office","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/french-prime-minister-resigns-less-than-month-after-taking-office-105844","title":{"rendered":"French prime minister resigns less than month after taking office"},"content":{"rendered":"<div>\n<p>Facing criticism from all sides, France\u2019s new prime minister S\u00e9bastien Lecornu resigned less than 24 hours after naming his government and after less than a month in office, plunging the country into a deep political crisis.<\/p>\n<p>The French presidency said in a statement Monday that President Emmanuel Macron has accepted his resignation. Lecornu had replaced his predecessor Fran\u00e7ois Bayrou to become France\u2019s fourth prime minister in barely a year.<\/p>\n<p>A faithful ally of Macron, Lecornu said conditions were no longer met to remain in office after failing to build a consensus.<\/p>\n<p>&#8220;It would take little for it to work,&#8221; Lecornu said in his resignation speech. &#8220;By being more selfless for many, by knowing how to show humility. One must always put one\u2019s country before one\u2019s party.&#8221;<\/p>\n<p><strong>MACRON STAKES ANTI-TRUMP GLOBAL ROLE WITH GAZA INITIATIVE AT UN SUMMIT<\/strong><\/p>\n<p>Macron&#8217;s opponents immediately tried to capitalize on the shocking resignation, with the far-right National Rally calling on him to either call for new snap elections or resign.<\/p>\n<p>&#8220;This raises a question for the President of the Republic: can he continue to resist the legislature dissolution? We have reached the end of the road,&#8221; far-right leader Marine Le Pen said. &#8220;There is no other solution. The only wise course of action in these circumstances is to return to the polls.&#8221;<\/p>\n<p>On the far left, <a href=\"https:\/\/www.foxnews.com\/category\/world\/world-regions\/france\" target=\"_blank\" rel=\"noopener\">France Unbowed<\/a> also asked for Macron\u2019s departure, while voices on the left called for the revival of a coalition made up of leftists, socialists, greens and communists.<\/p>\n<p><a href=\"https:\/\/www.foxnews.com\/world\/france-arrests-hundreds-block-everything-protests-erupt-across-country\" target=\"_blank\" rel=\"noopener\"><strong>FRANCE ARRESTS HUNDREDS AS &#8216;BLOCK EVERYTHING&#8217; PROTESTS ERUPT ACROSS COUNTRY<\/strong><\/a><\/p>\n<p>The resignation rattled investors, sending the CAC-40 index of leading French companies plunging. The index was down by nearly 2% on its Friday close.<\/p>\n<p>Ministers appointed just the previous night found themselves in the bizarre situation of becoming caretaker ministers \u2014 kept in place only to manage day-to-day affairs until a new government is formed \u2014 before some of them had even been formally installed in office.<\/p>\n<p>Agn\u00e8s Pannier-Runacher, the newly reappointed minister for ecology, posted on X: &#8220;I despair of this circus.&#8221;<\/p>\n<p>Lecornu&#8217;s choice of ministers has been criticized across the political spectrum, particularly his decision to bring back former Finance Minister Bruno Le Maire to serve at the defense ministry, with critics saying that under his watch France\u2019s public <a href=\"https:\/\/www.foxnews.com\/category\/columns\/growing-the-debt\" target=\"_blank\" rel=\"noopener\">deficit soared<\/a>.<\/p>\n<p><a href=\"https:\/\/www.foxnews.com\/world\/nepals-prime-minister-resigns-rioters-burn-leaders-homes\" target=\"_blank\" rel=\"noopener\"><strong>NEPAL&#8217;S PRIME MINISTER RESIGNS AS RIOTERS BURN LEADERS&#8217; HOMES<\/strong><\/a><\/p>\n<p>Lecornu\u2019s main task would have been to pass a budget as France is faced with a massive debt crisis. At the end of the first quarter of 2025, France\u2019s public debt stood at 3.346 trillion euros ($3.9 trillion), or 114% of GDP. <a href=\"https:\/\/www.foxnews.com\/category\/columns\/growing-the-debt\" target=\"_blank\" rel=\"noopener\">Debt servicing<\/a> remains a major budget item, accounting for around 7% of state spending.<\/p>\n<p>Other key positions remained largely unchanged from the previous cabinet, with conservative Bruno Retailleau staying on as interior minister in charge of policing and internal security, Jean-No\u00ebl Barrot remaining as foreign minister and G\u00e9rald Darmanin keeping the justice ministry.<\/p>\n<p>French politics have been in disarray since Macron called snap elections last year that produced a deeply fragmented legislature. Far-right and left-wing lawmakers hold over 320 seats at the National Assembly, while the centrists and allied conservatives hold 210.<\/p>\n<p>Seeking consensus at the National Assembly, Lecornu consulted with all political forces and trade unions before forming his Cabinet. He also vowed that he would not employ a special constitutional power his predecessors had used to force budgets through Parliament without a vote and would instead seek compromise with lawmakers from the left and the right.<\/p>\n<\/div>\n<p><a href=\"https:\/\/www.foxnews.com\/world\/french-prime-minister-resigns-less-than-month-after-taking-office\">Source &#8211; https:\/\/www.foxnews.com\/world\/french-prime-minister-resigns-less-than-month-after-taking-office <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Facing criticism from all sides, France\u2019s new prime minister S\u00e9bastien Lecornu resigned less than 24 hours after naming his government and after less than a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[16563],"tags":[],"stock_ticker":[],"class_list":["post-105844","post","type-post","status-publish","format-standard","hentry","category-market-news","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - 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