Overview

• President Emmanuel Macron accepted Sébastien Lecornu’s resignation, and ministers paused schedules as the government’s next steps were left undecided.
• The lineup kept many holdovers, prompting Les Républicains leader Bruno Retailleau to denounce the lack of promised change and threaten to pull support.
• Far-right leaders urged dissolution of the National Assembly while left-wing figures pressed for immediate examination of a motion to remove the president.
• Paris stocks fell roughly 1.7% at the open and the euro weakened, raising doubts over the timetable for presenting the 2026 budget.
• After just 27 days in office, Lecornu became the Fifth Republic’s shortest-serving prime minister, extending a pattern of rapid turnover since 2024.