Macron to Appoint New French Prime Minister Within 48 Hours

Overview

• Lecornu told Macron a parliamentary majority opposes new legislative elections and said a path to a year‑end budget agreement remains possible.
• The 2023 pension overhaul stands as the chief sticking point, with Lecornu warning that suspending it would cost about €3 billion in 2027.
• French assets recovered after Lecornu voiced cautious optimism on a deal following earlier market jitters over the deficit and political gridlock.
• Pressure on Macron intensified as figures such as Édouard Philippe urged him to step down or bring forward the presidential vote.
• Lecornu, the fifth prime minister in two years, resigned shortly after unveiling his cabinet, while Marine Le Pen vowed to censure all governments until fresh polls as her party leads in surveys.