Politics10/6/2025β€’Bloomberg

French Premier Lecornu Resigns After Cabinet Criticized

French Premier Lecornu Resigns After Cabinet Criticized

French Prime Minister Sebastien Lecornu has resigned, just a day after President Emmanuel Macron appointed a new cabinet. The sudden resignation comes amidst a growing political crisis in the country and has led to a selloff of French assets. The resignation of Lecornu, who had only been in office for a few months, highlights the instability and turmoil within the French government. The new cabinet, announced on Sunday, was criticized by various political factions, and the prime minister's swift departure suggests a lack of confidence in the government's ability to address the country's pressing issues. The resignation has created further uncertainty and has led to market volatility, with French assets experiencing a selloff. The political crisis in France is likely to have broader implications, both domestically and internationally, as the country navigates through this period of instability and tries to find a way forward.

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