Overview

• The collapse followed a revolt by Républicains leaders over a cabinet seen as a near replica of the last one, triggered by the surprise return of Bruno Le Maire to the Defense post.
• Le Maire later said he would withdraw and the Élysée accepted the move, but Sébastien Lecornu stated he will not remain prime minister even if an agreement is reached.
• Macron tasked Lecornu with negotiating until tomorrow evening on a cross‑party “platform of action and stability,” with the presidency saying the head of state is ready to assume responsibility if the effort fails.
• Rassemblement National called for dissolving the National Assembly and new elections, while La France Insoumise pressed for proceedings to remove the president.
• Paris stocks fell roughly 1.8–2% with major banks and insurers among the worst hit, underscoring investor concern about political turmoil and fiscal uncertainty.