Description: Outgoing Prime Minister Sebastien Lecornu has downplayed oppositional expectations for the dissolution of the parliament and stated that the President could presently opt out to name another Prime Minister. France has been overwhelmed by a revolving political crisis which has resulted in the exchange of five prime ministers in the past year and a half as neither party in parliament holds the majority to form a government. France’s 2026 budget has also been the major disputable point on the political landscape as the country struggles with mounting debt and necessary budget cuts which are consistently contested. Lecornu also stated optimism regarding the budget issue and stated that considering the optimistic outlook from his last meeting, the parties could conclude a budget proposal by the end of this year. Lecornu is expected to submit his budget proposal next week, however, the far – right and far – left parties have thrown away any chances of political reconciliation as they have both announced their opposition towards any budget and cabinet proposals and renewed their calls for early elections.
Impact: France’s political crisis is threatening a nationwide deadlock which would overwhelm the economic and political sectors and affect the country’s future financial outlook and political stability. Despite Lecornu’s positive projections regarding a potential political compromise around the country’s budget, the extremist parties from the left and right political spectrum have remained adamant in their demands for early elections and renewed their calls for Macron’s resignation. In case Lecornu’s budget proposal gains traction and some sort of support from any party, France could start to backpedal away from a widening crisis and a governmental deadlock. Macron could appoint a sixth Prime Minister, however, the recycling of measures in times of crisis would only result in a revolving cycle of renewed political tensions which would block executive decisions such as the formation of a cabinet or the budget proposal, further prolonging the political crisis in the country.