SAEDNEWS: While the early resignation of France’s new Prime Minister, Sébastien Lecornu, has pushed the country’s political crisis to a new level, polls indicate that the majority of French citizens are calling for Emmanuel Macron to step down and for early parliamentary elections to be held.
According to the political service of Saed News, French Prime Minister Élisabeth Borne and her cabinet resigned just 14 hours after the government members were introduced and less than a month after taking office. This event marked the shortest-lived premiership in contemporary French history.
The resignation comes amid rising public debt, with France’s debt approaching 115% of GDP and a budget deficit nearly twice the European Union’s 3% limit.
Fitch Ratings, which downgraded France’s credit rating to “A” last month, stated that the political climate is highly uncertain and that the country requires significant fiscal reforms. The agency warned that failure to implement stabilization programs or a continued increase in borrowing costs could place further downward pressure on France’s credit rating.
Financial markets are also feeling the strain. French government bond yields have once again approached levels above Italy, and the cost of insuring French debt is rising.
Meanwhile, new surveys in France show that the majority of citizens are calling for President Emmanuel Macron’s resignation and for early parliamentary elections. According to data reported by French media, over 60% of French citizens believe the president is directly responsible for the political deadlock and the inability to form a stable government.
Thomas Gille, an analyst at the European think tank Scope, noted that Macron currently has only two options: either appoint a new prime minister to attempt forming a coalition again or call for early elections.
Gille warned: “The current political turmoil increases the risk of delays in passing the 2026 budget and diminishes hopes for meaningful fiscal reforms.”
As political deadlock and public dissatisfaction continue to grow, many observers believe that the current crisis could mark the beginning of the end of Macron’s political era.
