Key Points
- The French parliament drove Prime Minister Francois Bayrou and rejects his shortage plan.
- President Emmanuel Macron opposes calls for Snap elections.
- The most urgent task of the next government will be to pass on a budget and to resolve the increasing debt crisis of France.
The Parliament of France has brought down the government about its plans to tamper the ballooning national debt, so that a political crisis is deepened that weakens the second largest economy of the eurozone.
Politicians voted to expel Prime Minister Francois Bayrou and his minority government with 364 votes against the experienced central politician and 194 in his favor.
President Emmanuel Macron, who is confronted with calls from the opposition to dissolve and resign the parliament, will hunt for prime minister in less than two years in less than two years. His office said he would name one in the coming days.
The most urgent task of the next government will be to pass on a budget, the same challenge with which Francois Bayrou came across nine months ago when he took office nine months ago. Securing the support of a very divided parliament will be just as difficult.
“You have the power to bring down the government, but you don’t have the power to erase the reality,” Bayrou told Parliament before he loses the vote.
“The reality will remain ruthless: costs will continue to rise and the debt burden, already unbearable, will become heavier and more expensive,” he said.
Bayrou will apply his resignation on Tuesday, his office said.
He had called the trust to try to win the parliamentary support for his strategy to reduce a shortage that is almost double the ceiling of the European Union, and to start a debt stack that is equivalent to 114 percent of GDP.
But opposition parties were in little vote to gather behind his planned savings of € 44 billion ($ 78.5 billion) in next year’s budget, with an election for Macron’s successor in 2027.
“This moment marks the end of the pain of a Phantom government,” said extreme right-wing leader Marine Le Pen, insisting on a Snap-Parliamentary election, which Macron has excluded so far.
“Macron is now at the front line towards the people. He also has to go,” said Jean-Luc Melchon, leader of the hard-left France Unbowed, on X.
Who could be the next Prime Minister of France?
A long -term period of political and fiscal uncertainty risks to undermine the influence of Macron in Europe at a time when the United States is struggling about trade and security, and war is raging in Ukraine on the eastern flank of Europe.
The French president could now nominate a politician from his own Central Minority Ruling Group or of the ranks of conservatives such as the next prime minister, but that would mean that he would double a strategy that did not produce a stable alliance.
He was also able to tackle left and nominate a moderate socialist or choose a technocrat.
No scenario would probably give the next government a parliamentary majority. It was inevitable that the need to form a new government would lead to a dilution of the shortage reduction plan, said finance minister Eric Lombard before the vote.
Macron can ultimately decide that the only path from the crisis is in calling a quick election, but so far he has resisted calling from the National Rally of Le Pen and from France the parliament is not to be resolved to resolve a second time.
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