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Macron Convenes Party Leaders as Deadline Nears to Name New Prime Minister

A looming budget deadline now forces a swift choice.

Overview

  • Élysée meetings are set for 14:30 with mainstream party leaders, excluding the RN and LFI, to gauge support for a new head of government.
  • The presidency pledged to appoint a prime minister by Friday evening after Sébastien Lecornu resigned on Monday, saying his "mission is finished."
  • Possibilities reported include reappointing Lecornu or tapping Jean‑Louis Borloo, Bernard Cazeneuve, or Pierre Moscovici, with a technocratic cabinet also under discussion.
  • Lecornu indicated a revised 2026 budget could be presented to the council of ministers on Monday, necessitating a cabinet to bring the bill forward.
  • Central bank governor François Villeroy de Galhau warns uncertainty could trim 0.2 percentage points from GDP and urges compromises, as rating agencies issue fresh cautions on France’s credit outlook.