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Macron Stays in Office as PM Resigns Amid Crisis

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In a significant political shakeup, French President Emmanuel Macron has pledged to remain in office despite the resignation of Prime Minister Michel Barnier, who stepped down following a no-confidence vote. Barnier’s departure has thrown France into further political uncertainty, with opposition parties calling for Macron’s resignation as the country faces a fragile government.

Barnier’s Resignation After No-Confidence Vote

Prime Minister Michel Barnier resigned on Thursday after a vote of no-confidence led by far-left and far-right lawmakers. His government, which had been in power for just three months, was ousted after Barnier’s budget bill, which included tax hikes and spending cuts, faced widespread criticism. The bill, designed to reduce France’s fiscal deficit, aimed to cut €60 billion from public spending and raise taxes in an effort to reduce the deficit to 5% of GDP by 2025.

“The prime minister has submitted his resignation,” the Élysée Palace confirmed, noting that Barnier and his team would continue handling day-to-day operations until a new government is appointed.

Macron Refuses to Step Down

In a televised address, President Macron made it clear that he would not follow Barnier’s lead and resign. Rejecting calls from opposition leaders, Macron reaffirmed his commitment to serving until the next presidential election in 2027.

“I was elected to serve my term, and I will fulfill that mandate,” Macron declared, accusing the far-left and far-right of undermining the republic’s stability for their own electoral interests. He also announced plans to appoint a new prime minister in the coming days, who will be tasked with forming a “government of general interest” to pass the budget and stabilize the country.

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A Divided Parliament Creates Deadlock

The French parliament remains deeply divided following the summer’s snap elections, which resulted in a hung parliament. Macron’s centrist coalition controls 168 seats, while the leftist bloc holds 182 and the far-right National Rally, led by Marine Le Pen, has 143. This fractured assembly has made it challenging for the government to push through significant legislation, including the proposed budget that led to Barnier’s resignation.

Whoever Macron selects as his new prime minister will face the same hurdles that led to Barnier’s downfall, as opposition groups are likely to continue blocking essential reforms.

Economic Instability Threatens France

The political deadlock has raised serious concerns about France’s economic stability. Experts warn that the government’s collapse could lead to higher interest rates on French bonds, worsening the country’s already fragile debt situation. Barnier’s budget plan was intended to help stabilize the economy, but its rejection underscores the growing rift between lawmakers and the government.

Macron’s new prime minister will need to address not only the political challenges but also the urgent need to balance France’s fiscal health while navigating growing public dissatisfaction.

Opposition Demands Macron’s Resignation

Some opposition leaders have doubled down on their calls for Macron to step down. Manuel Bompard, leader of the far-left France Unbowed party, argued that only Macron’s departure could restore stability to the country.

“To ensure true stability, the president must leave,” Bompard stated.

Despite the growing pressure, Macron has remained firm in his stance. “I will not step down. I was elected for a reason, and I will complete my term,” he reaffirmed.

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What Lies Ahead for France?

Looking forward, Macron’s immediate priority will be selecting a new prime minister who can navigate the fractured parliament and push through the necessary reforms. However, with no new parliamentary elections scheduled until next summer, political gridlock appears inevitable in the short term.

As Macron moves to appoint a new prime minister, France’s future political and economic trajectory remains uncertain. His televised address this evening is expected to provide further insight into his plans to stabilize the government and regain public confidence during this turbulent time. The nation now faces a critical moment as the president works to steer France through its political crisis.

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