Do you think France’s political instability is harming its ability to manage its economy?
Macron’s Crisis Deepens as French Government Collapses in Budget Showdown
On September 8, 2025, French Prime Minister François Bayrou was ousted by a decisive vote of no confidence in the National Assembly, where 364 deputies opposed him. Bayrou's short tenure, lasting under nine months, ended after his €44 billion austerity package — which included scrapping two public holidays — failed to gain political traction. This marks the fourth prime ministerial resignation under President Macron in less than two years, underlining deep political volatility. Macron now faces the task of appointing a new PM as economic and social tensions rise. France’s public debt has ballooned to €3.3 trillion, or 114% of GDP, pushing borrowing costs above defense spending. Financial markets are rattled, and credit agencies like Fitch are closely watching the fallout. With no majority in Parliament and widespread public protests scheduled, calls for snap elections are intensifying. Macron, however, is resisting those demands, seeking stability without triggering further electoral chaos.
Options
- Yes
- No
- Somewhat
- Not sure