French PM Barnier to Resign After Historic No-Confidence Vote

French Prime Minister Michel Barnier is set to resign on Thursday following an unprecedented no-confidence vote that brought down his government after just three months in office, marking the first such parliamentary defeat in over 60 years.

The motion passed with 331 votes, well above the required 288, as opposition parties united against Barnier’s controversial use of special powers to push through his budget without parliamentary approval. The budget plan, which included €60 billion in deficit reduction measures, has now been automatically withdrawn.

The vote brought together unlikely allies, with Marine Le Pen’s far-right National Rally joining forces with the left-wing New Popular Front (NFP). Le Pen called the budget “toxic for the French,” while Barnier defended his proposals before the National Assembly.

“We have reached a moment of truth, of responsibility,” Barnier told lawmakers. “I did not present almost exclusively difficult measures because I wanted to.”

President Emmanuel Macron, who recently returned from a state visit to Saudi Arabia, is scheduled to address the nation in a televised speech on Thursday. While Macron’s position is constitutionally protected from the no-confidence vote, opposition figures are increasingly vocal about forcing his resignation and calling early presidential elections, which Macron has ruled out.

The political crisis highlights the ongoing parliamentary deadlock since no group holds a working majority. New elections cannot be held until July, suggesting continued political uncertainty. Barnier is expected to serve as caretaker prime minister while Macron selects a successor, a process that could take weeks.

While Le Pen told French broadcaster TF1, “I am not asking for the resignation of Emmanuel Macron,” her allies have been more direct in their criticism. RN adviser Philippe Olivier describing the president as “a fallen republican monarch” in comments to Le Monde.


Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Moon River Moly: The Davidson Moly-Copper-Tungsten PEA

Integra: The DeLamar Heap Leach Feasibility Study

Highlander Silver: The Saviour Of Bear Creek Mining

Recommended

Mercado Minerals Launches Two Phase Geophysical Program At Copalito Project

Altamira Gold Drills 6.1 g/t Gold Over 2.3 Metres At Cajueiro Central, Begins Testing Two New Targets

Related News

France Announces Plan To Take 100% Control Of Utility Firm EDF, Company To Launch CEO Succession Process

The French government announced its plans to fully nationalize the country’s power utility giant Électricité...

Thursday, July 7, 2022, 10:54:00 AM

France Takes Center Stage: Macron’s Nuclear Offer Aims To Lead Europe’s Defense

Amid growing security concerns within the European Union, French President Emmanuel Macron has declared his...

Monday, March 3, 2025, 11:19:00 AM

French Energy Prices Soar to Record-Highs: Will The Government Be Able To Keep Up With Its Energy Price Cap?

With the majority of the world focused on natural gas shipments from Russia to Germany,...

Saturday, August 13, 2022, 11:10:00 AM

Berlin Mayor Sees Possible 2 To 3-Hour Power Cuts As Reasonable

Berlin Mayor Franziska Giffey sees the shutdown of power in specific districts or areas for...

Wednesday, October 19, 2022, 08:18:00 AM

France Deploys Army to New Caledonia Amid Widespread Riots

France has deployed army personnel to ports and the airport in New Caledonia, its Pacific...

Friday, May 17, 2024, 02:10:00 PM