France’s far-right and left-wing lawmakers joined forces to vote on a no-confidence motion, prompting Prime Minister Michel Barnier and his Cabinet to resign. The National Assembly approved the motion by 331 votes, forcing Macron to appoint a new prime minister.
President Emmanuel Macron insisted he will serve the rest of his term until 2027, but the move is seen as a significant challenge for his government. Macron’s centrist allies, left-wing coalition New Popular Front, and far-right National Rally blocs united against Barnier, accusing him of imposing austerity measures and failing to address citizens’ needs.
The no-confidence motion was prompted by budget disputes, with Barnier’s proposed budget sparking fierce opposition from lawmakers. National Rally leader Marine Le Pen accused Macron of being “largely responsible for the current situation,” while hard-left lawmaker Eric Coquerel warned that an emergency law to levy taxes could be introduced.
Macron must now appoint a new prime minister, but the fragmented parliament remains unchanged. The European Union is urging France to reduce its colossal debt, which is estimated to reach 6% of gross domestic product this year and potentially rise to 7% next year.
Financial markets may be spooked by the political instability, with analysts warning that uncertainty over France’s future government could deter investment and growth. A new prime minister will be crucial in addressing these challenges and stabilizing the economy.
Source: https://abcnews.go.com/International/wireStory/confidence-vote-topple-french-government-time-1962-116442300