The French PM Sébastien Lecornu Resigns After Under a 30-Day Period in Office
France's Prime Minister Lecornu has resigned, under 24 hours after his ministers was presented.
The presidential office made the announcement after Lecornu met President Emmanuel Macron for an hour on Monday morning.
This shock move comes only under four weeks after he was named premier following the dissolution of the previous government of his predecessor.
Parties across the board in the legislature had sharply condemned the structure of Lecornu's cabinet, which was largely unchanged to the previous one, and promised to block its approval.
Demands for Snap Polls and Government Unrest
Multiple political groups are now calling for early elections, with others urging the President to resign too - even though he has always said he will not leave before his time in office finishes in the year 2027.
"The President needs to pick: dissolution of parliament or leaving office," said Sébastien Chenu, one of leading figures of the National Rally.
Lecornu - the former armed forces minister and a ally of the President - was France's fifth prime minister in less than 24 months.
Context of Government Turmoil
French politics has been markedly turbulent since mid-2024, when snap parliamentary elections resulted in a hung parliament.
This has created challenges for every premier to garner the necessary support to pass any bills.
The former cabinet was defeated in last month after the assembly declined to support his austerity budget, which aimed to cut state costs by $51 billion.
Financial Pressures and Market Response
The nation's budget gap stood at 5.8 percent of economic output in 2024 and its public debt is more than the total economic output.
That is the third highest public debt in the European monetary union after Greece and Italy, and equal to almost 50k euros for each resident.
Markets declined in the Paris exchange after the announcement about the PM was released on Monday.
