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Macron’s PM Search: Budget Crisis and Political Uncertainty

Macron too Name ⁤New Prime Minister After Snap Election Results

PARIS – French President Emmanuel Macron will appoint a new prime minister ​within the next 48 hours following a dramatic​ election ‍outcome that has thrown⁣ France into political uncertainty. The move comes after Prime Minister Gabriel Attal resigned on⁤ Wednesday, triggered by MacronS decision to call for snap ‍parliamentary elections following a crushing defeat for his Renaissance party in the European Parliament elections.

The unexpected elections, ​scheduled for July 7th and 14th, ⁢have upended Macron’s second term and created a complex political landscape. His​ party‌ faces ⁣a strong challenge from ​the far-right National Rally, now poised to potentially become the largest force in the National Assembly. This outcome jeopardizes Macron’s domestic agenda and raises questions about France’s economic direction, particularly its⁢ deficit reduction plans. The government had initially aimed to reduce the deficit to 4.7 percent‍ of gross⁢ domestic product this year, a figure later signaled by Macron as potentially softening to 5 percent, with ⁢initial⁤ estimates from Minister of the Armed forces Sébastien Lecornu at 5.4 percent.

Macron now faces a critical decision: either dissolve the National Assembly and risk a government unable to pass legislation, or appoint a prime minister capable of forging a working majority in ⁤parliament. if he chooses not to dissolve the Assembly,⁣ the new prime minister will inherit​ the daunting task ⁢of navigating a fractured legislature, mirroring the challenges that led to the downfall of Attal’s two predecessors.

One potential path forward involves appointing ‌a politician from‍ the center-left Socialist Party, requiring⁢ them to build​ a⁣ coalition with other left-wing lawmakers and centrists. ⁤However, such⁢ a move could come at a significant cost for Macron, potentially jeopardizing key policies like the recent law raising the minimum retirement age.‍ The coming days will be pivotal in ‍determining the future of ⁣Macron’s presidency and the direction ⁢of France.

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