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French legislative body to step down on Tuesday

Résumé de François Bayrou : Les principaux dangers pour le pays résidant dans une continuité sans changement.

French parliament to step down on Tuesday
French parliament to step down on Tuesday

French legislative body to step down on Tuesday

France is facing profound political instability after the fourth prime minister to serve under President Emmanuel Macron's second term, François Bayrou, announced his resignation. Bayrou's departure follows a vote of no confidence in the National Assembly, with a score of 364 to 194.

The debate leading up to the vote saw strong criticism from the French Socialist Party towards Bayrou. Additionally, 25 deputies abstained from voting, further highlighting the political divide in the country.

Bayrou's resignation comes amidst growing concerns over France's public debt, which stands at around 114% of the country's GDP. The cost of financing this debt is estimated to exceed €100 billion by the end of the decade. Bayrou's "debt reduction plan" aimed to escape from an "inexorable tide" that could sink France in four years.

Marine Le Pen, the far-right leader, has been vocal about the current situation, stating that Macron has a "moral obligation" to call for early legislative elections. Le Pen anticipates that the new government will struggle to pass a budget and insists on calling for early elections. She described Monday as "the end of the agony of a phantom government."

Le Pen's party, the National Rally, is expected to see an increase in the upcoming elections, according to polls. The elections are anticipated to result in an Assembly divided into three blocks - left, center-right, and far-right - with no stable majorities, although with a decline in the ruling party.

In response to the political turmoil, President Macron has appointed Sébastien Lecornu, the current Defense Minister and a close confidant, as the new Prime Minister of France. This appointment was announced shortly after the previous Prime Minister François Bayrou lost a confidence vote in parliament.

With the appointment of Lecornu, Macron faces a choice between choosing a new prime minister or calling for early elections. Boris Vallaud, head of the Socialist group in the National Assembly, has urged Macron to take control of the government.

France's public spending is described as an "addiction" by François Bayrou. The country's political instability without stable parliamentary majorities has raised questions about the future of France's economy and its ability to manage its debt.

This marks another chapter in France's tumultuous political landscape, with the hope that the new government will bring stability and a clear direction for the country's future.

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