• Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy
Friday, February 6, 2026
Daily The Business
  • Login
No Result
View All Result
DTB
No Result
View All Result
DTB

France’s new PM resigns, hours after cabinet unveiled: presidency

October 6, 2025
in World
France’s new PM resigns, hours after cabinet unveiled: presidency
Share on FacebookShare on TwitterWhatsapp

PARIS: France’s President Emmanuel Macron on Monday accepted Prime Minister Sebastien Lecornu’s resignation just hours after unveiling his cabinet, the presidency said, plunging the European nation further into political deadlock.

Macron named Lecornu, a former defence minister, to the post last month.

But the largely unchanged cabinet he unveiled late on Sunday to work with Lecornu sparked fierce criticism across the political spectrum.

Lecornu had faced the daunting task of finding approval in a deeply divided parliament for an austerity budget for next year.

Lecornu’s two immediate predecessors, Francois Bayrou and Michel Barnier, were ousted by the legislative chamber in a standoff over the spending plan.

France’s public debt has reached a record high, official data showed last week.

France’s debt-to-GDP ratio is now the European Union’s third highest after Greece and Italy, and is close to twice the 60 percent permitted under EU rules.

Previous governments had rammed the last three annual budgets through parliament without a vote, a method allowed by the constitution but deeply criticised by the opposition.

But Lecornu promised last week to ensure lawmakers were able to vote on the bill.

France has been mired in deadlock since Macron gambled on snap parliamentary elections in the middle of last year in the hopes of bolstering his authority.

The move backfired, leaving the Macron-friendly bloc in the assembly in a minority.

Share15Tweet10Send
Previous Post

‘Welcome step’: PM hails Malaysian announcement of import of Halal meat worth $200m from Pakistan

Next Post

‘Saudi Arabia is next big market for Pakistani IT companies’

Related Posts

Indonesia signs security pact with Australia
World

Indonesia signs security pact with Australia

February 6, 2026
Iran, US to negotiate in Oman amid deep rifts and mounting war fears
World

Iran, US to negotiate in Oman amid deep rifts and mounting war fears

February 6, 2026
South Korea foreign minister denies Seoul delaying US investments, Yonhap says
World

South Korea foreign minister denies Seoul delaying US investments, Yonhap says

February 6, 2026
Trump says he needs election wins to feed ‘own ego’
World

Trump says he needs election wins to feed ‘own ego’

February 6, 2026
Moody’s cuts Indonesia outlook to negative on governance concerns
World

Moody’s cuts Indonesia outlook to negative on governance concerns

February 5, 2026
Turkiye is doing its best to prevent US-Iran conflict, Erdogan says
World

Turkiye is doing its best to prevent US-Iran conflict, Erdogan says

February 5, 2026

Popular Post

  • FRSHAR Mail

    FRSHAR Mail set to redefine secure communication, data privacy

    127 shares
    Share 51 Tweet 32
  • How to avoid buyer’s remorse when raising venture capital

    33 shares
    Share 337 Tweet 211
  • Microsoft to pay off cloud industry group to end EU antitrust complaint

    55 shares
    Share 22 Tweet 14
  • Capacity utilisation of Pakistan’s cement industry drops to lowest on record

    48 shares
    Share 19 Tweet 12
  • SingTel annual profit more than halves on $2.3bn impairment charge

    48 shares
    Share 19 Tweet 12
American Dollar Exchange Rate
  • Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy
Write us: info@dailythebusiness.com

© 2021 Daily The Business

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy

© 2021 Daily The Business

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.