Overview

• President Emmanuel Macron accepted Sébastien Lecornu’s resignation, ending the shortest premiership of France’s Fifth Republic at 27 days.
• Lecornu quit a day after unveiling a partial cabinet that retained 13 of 18 ministers and shifted Bruno Le Maire to armed forces and Roland Lescure to finance, prompting unified opposition backlash and even criticism from a reappointed minister.
• Opposition parties announced plans for no‑confidence motions, with leaders including Marine Le Pen urging dissolution of the National Assembly and some left figures calling for Macron to leave office.
• Lecornu cited three reasons for stepping down: hostile reaction to his pledge to avoid using Article 49.3, parties behaving as if they held absolute majorities, and an unworkable cabinet lineup that fueled political ambitions ahead of 2027.
• Markets weakened on the turmoil, with the CAC 40 falling more than 2% and bank shares sliding, while uncertainty grows over how the government will secure compromises to pass the 2026 budget.