{"id":6812,"date":"2025-09-09T01:06:04","date_gmt":"2025-09-09T01:06:04","guid":{"rendered":"https:\/\/jobuzo.com\/en\/french-pm-ousted-in-no-confidence-vote\/"},"modified":"2025-09-09T01:06:04","modified_gmt":"2025-09-09T01:06:04","slug":"french-pm-ousted-in-no-confidence-vote","status":"publish","type":"post","link":"https:\/\/jobuzo.com\/en\/french-pm-ousted-in-no-confidence-vote\/","title":{"rendered":"French PM ousted in no-confidence vote"},"content":{"rendered":"
\n
\n
French Prime Minister Francois Bayrou leaves after a debate before a confidence vote on the budget issue during an extraordinary session at the National Assembly in Paris, France, September 8, 2025.— Reuters<\/figcaption><\/figure>\n<\/div>\n

PARIS: France’s parliament on Monday voted to oust the prime minister in a no-confidence move over debt-control plans, plunging President Emmanuel Macron into fresh political uncertainty.<\/p>\n

Francois Bayrou, 74, took office as prime minister only nine months ago. He must now tender his resignation, leaving Macron to face a narrowing set of options, with financial markets signalling worry at France’s political and fiscal crisis.<\/p>\n

Bayrou had called the vote unexpectedly to try to win parliamentary support for his strategy to lower a deficit that stands at nearly double the European Union’s 3% ceiling and to start tackling a debt pile equivalent to 114% of GDP.<\/p>\n

But opposition parties were in little mood to rally behind his planned savings of 44 billion euros ($51.51 billion) in next year’s budget, with an election for Macron’s successor looming in 2027.<\/p>\n

Macron could now nominate a politician from his own centrist minority ruling group or from the ranks of conservatives as the next premier, but that would mean doubling down on a strategy that has failed to yield a stable alliance.<\/p>\n

He could tack to the left and nominate a moderate socialist, or choose a technocrat.<\/p>\n

News :<\/span><div>12 weeks' jail for school IT support technician who took upskirt videos of teachers<\/div><\/span><\/a><\/div>

No scenario would be likely to hand the next government a parliamentary majority. It was inevitable that the need to form a new government would result in a dilution of the deficit reduction plan, Finance Minister Eric Lombard said before the vote.<\/p>\n

Macron may eventually decide the only path out of the crisis lies in calling a snap election, but he has so far resisted calls from the far-right National Rally and hard-left France Unbowed to dissolve parliament a second time.<\/p>\n

Fiscal mess<\/h3>\n

The next government’s most pressing task will be to pass a budget, the same challenge Bayrou faced when he took office.<\/p>\n

“You have the power to bring down the government, but you do not have the power to erase reality,” Bayrou told lawmakers before the confidence vote.<\/p>\n

“Reality will remain relentless: expenses will continue to rise, and the burden of debt, already unbearable, will grow heavier and more costly,” he said.<\/p>\n

France’s “very survival is at stake,” he said.<\/p>\n

News :<\/span>Migrant acquitted in first trial over US border military zones<\/span><\/a><\/div>

France’s EU peers will be watching closely.<\/p>\n

France holds the highest deficit as a percentage of GDP in the euro zone – the bloc using the EU’s single currency. It pays more to service its debt than Spain and spreads against benchmark German 10-year bonds are at their highest level in four months.<\/p>\n

Fitch, often seen as a first mover among rating agencies, reviews its AA- rating with a negative outlook on September 12. Moody’s and S&P Global, which have equivalent ratings, follow in October and November.<\/p>\n

A downgrade would hamper France’s ability to raise money at low interest rates from investors, potentially deepening its debt problems.<\/p>\n

A lengthy period of political and fiscal uncertainty risks undermining Macron’s influence in Europe at a time when the United States is talking tough on trade and security, and war is raging in Ukraine on Europe’s eastern flank.<\/p>\n

Macron and political figures from centrist and conservative parties deem that a snap election would not solve the crisis and that talks with the Socialists should be pursued, two sources familiar with Macron’s thinking said.<\/p>\n

The Socialists have offered a counter-budget that would impose a tax of at least 2% on personal wealth greater than 100 million euros and generate savings of 22 billion euros, a proposal that would be tough to marry with the pro-business reform agenda of Macron’s presidency.<\/p>\n

Discontent may also start brewing on the streets. A grassroots protest movement called “Bloquons Tout” (“Let’s Block Everything”) is calling for nationwide disruption on Wednesday. Trade unions are plotting walkouts the week after.<\/p>\n

“France is done,” said Mohamed, 80, a retired hospital worker who sells produce on the Aligre market in Paris.<\/p>\n<\/div>\n

French PM ousted in no-confidence vote<\/sub><\/p>\n","protected":false},"excerpt":{"rendered":"

French Prime Minister Francois Bayrou leaves after a debate before a confidence vote on the budget issue during an extraordinary session at the National Assembly in Paris, France, September 8, 2025.— Reuters PARIS: France’s parliament on Monday voted to oust the prime minister in a no-confidence move over debt-control plans, plunging President Emmanuel Macron into…<\/p>\n

Read More “French PM ousted in no-confidence vote”<\/span> »<\/a><\/p>\n","protected":false},"author":1,"featured_media":6813,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-6812","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/posts\/6812","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/comments?post=6812"}],"version-history":[{"count":0,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/posts\/6812\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/media\/6813"}],"wp:attachment":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/media?parent=6812"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/categories?post=6812"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/tags?post=6812"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}