French Prime Minister Sébastien Lecornu Resigns
France’s newly appointed prime minister, Sébastien Lecornu, resigned less than 24 hours after naming his government and after serving under a month in office; President Emmanuel Macron accepted the resignation, plunging Paris into a political crisis as opposition leaders called for snap elections. The upheaval rattled markets — the CAC‑40 fell nearly 2% — and came amid concerns about France’s large public debt (≈€3.346 trillion, 114% of GDP) and the government’s ability to pass a budget.
📌 Key Facts
- Sébastien Lecornu resigned less than 24 hours after naming his cabinet; President Emmanuel Macron accepted the resignation (reported Oct. 6, 2025).
- Market reaction: France’s CAC‑40 index fell by nearly 2% on the news.
- Context: France’s public debt stands at about €3.346 trillion (≈114% of GDP), and the caretaker government faces urgent budget and debt‑servicing challenges.
📊 Analysis & Commentary (1)
"The piece reads as an opinion/deep‑dive arguing that Prime Minister Sébastien Lecornu’s abrupt resignation signals the collapse of 'Macronisme,' exposing structural political weaknesses and ushering in a period of instability that could realign French politics toward more polarized alternatives."