The French government leaves hours after appointment, the political crisis is deepened Magic Post

The French government leaves hours after appointment, the political crisis is deepened

 Magic Post

The new French Prime Minister, Sébastien Lecornu and his government resigned on Monday, a few hours after Lecornu announced his cabinet programming, which makes it the shortest in modern French history, leading the stocks and the euro clearly lower.

The rapid resignation was unexpected and marked another major deepening of the political crisis of France. He came after the allies and enemies threatened to overthrow the new government.

Lecornu was the Prime Minister for only 27 days. His government lasted 2 p.m.

The far -right national rally immediately urged President Emmanuel Macron to call a parliamentary election in instruction. France lasts on the left not at the bottom said that Macron itself should go.

New alignment of angry cabinet against opponents

After weeks of consultations with political parties at all levels, Lecornu, a close ally of Macron, had appointed his ministers on Sunday and they had been ready to hold their first meeting on Monday afternoon.

But the new programming of the cabinet had angry the adversaries and the allies, who found it too much right or not enough, which raised the questions over the duration of the duration, without a group holding a majority in a fragmented parliament.

Lecornu resigned to Macron on Macron on Macron on Macron.

“Mr. Sebastien Lecornu submitted the resignation of his government to the President of the Republic, who accepted him,” said Elysee’s press office.

French policy has become more and more unstable since Macron’s re -election in 2022, for lack of any party or bringing together a parliamentary majority.

The opposition wants instant elections

Macron’s decision to call an instant parliamentary election last year deepened the crisis by producing an even more fragmented parliament. Lecornu, who was not appointed until last month, was Macron’s fifth Prime Minister in two years.

“There can be no return to stability without return to the polls and the dissolution of the National Assembly,” said Jordan Bardella, head of the National Rally, after the resignation of Lecornu.

Mathilde Panot, from France to the left, said: “Lecornu resigns. 3 Prime Ministers defeated in less than a year. The countdown has started. Macron must go.”

French shares and falling in euros

The CAC 40 of Paris has dropped by 2%, on the right track for the biggest decrease of a day since August, while Lecornu has resigned, which makes it the most efficient index in Europe, because banking shares have been heavy, leaving BNP Paribas, Société Générale and Credit Agricole down between 5.7%and 7.3%.

The euro slipped 0.7% over the day to $ 1,1665.

Deep instability

France has rarely undergone a political crisis so deep since the creation in 1958 of the Fifth Republic in 1958, the current government system.

The 1958 Constitution was designed to ensure stable governance by creating a powerful and highly centralized president with a large majority in Parliament and to avoid the instability of the periods immediately before and after the Second World War.

Instead, Macron – who, in his ascent to power in 2017, reshaped the political landscape – found himself struggling with a fragmented parliament where the center no longer holds the balance and the extreme right and the hand.

France is not used to build coalitions and find a consensus.

Leave a Reply

Your email address will not be published. Required fields are marked *