Macron Stands Firm Amid French Government Collapse

1 min read
Source: PBS NewsHour
Macron Stands Firm Amid French Government Collapse
Photo: PBS NewsHour
TL;DR Summary

French President Emmanuel Macron has vowed to remain in office until 2027 despite the resignation of Prime Minister Michel Barnier following a no-confidence vote. Macron blamed far-right and far-left opponents for the political turmoil and plans to appoint a new prime minister soon. The political instability has raised concerns about France's economic future, with Moody's warning of potential financial repercussions. Macron faces pressure to swiftly appoint a leader capable of navigating a divided parliament and passing crucial budget legislation.

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