"After less than four weeks in office, Prime Minister Sebastien Lecornu resigned in frustration. Even before he had a chance to form a government, the split between the left and right blocs in parliament proved too much for him. With Lecornu, President Emmanuel Macron has now lost his third head of government in the space of a year, making it impossible to pass the budget. Urgently needed savings are being postponed once again."
"Nevertheless, the federal government in Berlin has remained calm. "I would caution against alarmism at this point," wrote Gunther Krichbaum, Minister of State for Europe at the Federal Foreign Office, to DW. "The German-French friendship remains a reliable constant in Europe. Close consultations between politicians and authorities in both countries are taking place at all levels of governmental cooperation; the current situation does not change that.""
"Foreign policy in France is entirely in the hands of the president. And Macron's position is not at stake in the current government crisis, at least not directly. Macron's term of office does not end until 2027, and he intends to see it through. However, his hand has been severely weakened. Not only are the left-wing and right-wing opposition parties calling for his resignation, but now so is Edouard Philippe, one of his former heads of government."
France is experiencing its most serious political crisis in decades after Prime Minister Sebastien Lecornu resigned less than four weeks into office because left-right splits in parliament prevented him from forming a government. President Emmanuel Macron has now lost his third head of government in a year, which has made passing the budget impossible and delayed urgently needed savings. France's debt and budget deficit stand at about twice the levels allowed under EU stability rules. Financial markets are nervous and charge higher risk premiums on French government bonds. The German federal government remains calm and emphasizes close consultations. Macron retains foreign-policy control but his authority is severely weakened and faces calls for resignation.
Read at www.dw.com
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