President Emmanuel Macron has vowed to remain in office until the end of his term in 2027, following the resignation of Prime Minister Michel Barnier after a successful vote of no confidence. Macron accused the opposition of forming an anti-Republican front and emphasized the need for a stable government to address France's economic challenges amid ongoing political turmoil. The political landscape remains fragmented, complicating the search for a new prime minister.
Prime Minister Michel Barnier has been ousted by France's parliament after just three months in office, marking the shortest tenure in the Fifth Republic's history. His government faced opposition from both the far left and far right, who united against his austerity measures aimed at reducing the national deficit. As political chaos looms, President Emmanuel Macron is under pressure, with speculation about potential successors to Barnier already circulating.
France's government, led by Prime Minister Michel Barnier, faces instability as the far-right National Rally, under Marine Le Pen, threatens to withdraw support over a contentious budget bill aimed at reducing the deficit. With a looming vote of no confidence and a budget deadline of December 21, the political landscape remains precarious, especially as Le Pen's ongoing embezzlement trial adds uncertainty to her party's actions. The government, reliant on National Rally's backing, risks further chaos if the budget is pushed through without concessions.
The French government is set to present its draft budget for 2025, with local authorities urged to contribute to improving public finances. Concerns have been raised about a projected public deficit of 6.1% of GDP, with calls for tax increases on companies like Total and significant cuts in various sectors, including education and justice. The budget will undergo parliamentary scrutiny starting October 21, with a vote expected by November 19.
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