Macron Appoints François Bayrou as New French Prime Minister Amid Political Crisis

French President Emmanuel Macron has appointed Francois Bayrou as the new prime minister following the ousting of Michel Barnier's government after a historic no-confidence vote. This marks France's fourth prime minister this year amid ongoing political instability and economic challenges. The new government faces pressure from both left and right political factions over the 2025 budget, with potential provisional budget agreements to avoid a government shutdown. Investors remain cautious as France's fiscal issues persist.