In a bid to avert financial turmoil, President Macron is seeking a partnership with the Socialist party to establish a new government and pass a budget.
The recent political failures reveal Macron's dwindling influence, culminating in a humiliating week where he struggled to maintain support among French politicians.
Macron's attempt to attract far-right support through his prime minister, Michel Barnier, resulted in a no-confidence motion that accelerated Barnier's ouster.
France faces diminished power within the EU as seen when Ursula von der Leyen defied Macron to finalize a trade agreement with South American nations.
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