France Finally Has a New Prime Minister

Following France’s most politically fragmented National Assembly ever, President Emmanuel Macron appointed Michel Barnier, a former EU commissioner and prominent Gaullist, as prime minister. Barnier’s primary objective is to secure a parliamentary majority. Macron’s centrist group holds 166 deputies, and Barnier’s party, Les Républicains, adds 47. This leaves Barnier 76 seats short of the 289 required for a majority, exposing his government to no-confidence votes by opposition parties.

The left-wing New Popular Front, with its 193 deputies, has stated they will not support any prime minister outside their ranks, potentially leaving the ultimate veto in the hands of the National Rally and its 142 deputies. Despite the opposition, the National Rally seems to be withholding any attempt to veto Barnier’s government, at least for now.

Economic Situation: France’s 2025 Budget and Deficit Challenges

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