France PM Michel Barnier resigns, leaving Macron to hunt for a replacement
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French Prime Minister Michel Barnier is a veteran politician who was formerly the EU’s Brexit negotiator.
PHOTO: REUTERS
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PARIS – French President Emmanuel Macron met allies and parliament leaders on Dec 5 as he sought to swiftly appoint a new prime minister to replace Michel Barnier, who officially resigned a day after opposition lawmakers voted to topple his government.
Mr Barnier, a veteran conservative whom Mr Macron appointed prime minister barely three months ago, became the shortest-serving prime minister in modern French history after he failed to find enough support for a budget aimed at taming a wide deficit.
The Elysee Palace said Mr Macron had asked Mr Barnier and his government to stay on in a caretaker capacity until a new government is formed.
Three sources told Reuters on Dec 4 that Mr Macron aimed to appoint a replacement swiftly, with one saying he wanted to do so before a ceremony on Dec 6 to reopen Notre-Dame Cathedral - renovated after a devastating fire. United States President-elect Donald Trump is among world leaders expected to attend.
Allies in Mr Macron’s own camp joined the chorus urging swift action. After the late June and early July snap elections, it took Mr Macron nearly two months to appoint Mr Barnier.
“I recommend that he proceed quickly to the appointment of a prime minister, it’s important, we must not leave things up in the air,” National Assembly president Yael Braun-Pivet told France Inter radio before meeting Mr Macron around noon.
France now risks ending the year without a stable government or a 2025 budget, although the constitution allows special measures that would avert a US-style government shutdown.
The political turmoil in France further weakens a European Union already reeling from the implosion of Germany’s coalition government, and comes just weeks before Trump returns to the White House.
It also diminishes Mr Macron, who precipitated the crisis with an ill-fated decision to call a snap election in June that give rise to the country’s polarised parliament.
Mr Macron was due to address to the nation at 8pm local time.
The president had lunch with Mr Francois Bayrou, whose name has been cited by French media as a possible successor to Mr Barnier, Le Parisien newspaper reported. An aide to Mr Bayrou did not respond to a request for comment on whether the veteran centrist had been tapped for the role of prime minister.
Macron weakened
As France confronted the need to form a new government for a third time in 2024, European Commission President Ursula von der Leyen jetted into Uruguay looking to finalise a free trade deal between the EU and Mercosur. France has long opposed the accord and Mr Macron’s office reiterated its stance on Dec 5.
Mr Macron’s own mandate runs until 2027 and he has so far showed no sign of bowing to opposition calls to resign, though a Toluna Harris Interactive poll for RTL broadcaster showed 64 per cent of voters now want the president to step down.
“The main culprit for the current situation is Emmanuel Macron,” Ms Marine Le Pen of the far-right National Rally (RN) told TF1 TV.
A French president cannot be pushed out unless two thirds of lawmakers decide he has gravely failed to fulfil his role, according to a never-yet-invoked article of the constitution.
Any new prime minister will face the same challenges of dealing with a fractured parliament, notably passing a 2025 budget at a time when France needs to rein in its public finances.
“This is the logical conclusion of what France and its lawmakers are at the moment: a mess,” a 75-year old Parisian, who gave his name as Paulo, told Reuters, commenting on the latest developments.
Under French constitutional rules, there can be no new parliamentary election before July 2025.
“Until potential new elections, ongoing political uncertainty is likely to keep the risk premium on French assets elevated,” SocGen analysts said in a note. “Political uncertainty is likely to dampen both investment and consumer spending.”
French bonds and stocks rallied on Dec 5 on what some traders said was profit-taking following the widely expected outcome of the no-confidence vote. But the relief rally is unlikely to last, given the scale of political uncertainty.
The fall of France’s government leaves the country without a clear path towards reducing its fiscal deficit and the most likely outcome is less belt-tightening than previously planned, credit rating agency Standard and Poor’s said. REUTERS
