26/8/2025–|Last update: 05:54 (Mecca time)
The French government is facing the risk of collapse, after 3 major opposition parties said that it will not support a confidence vote, Prime Minister Francois Bayro announced his intention to make it on the eighth of next September as part of its plans to make comprehensive budget discounts.
The right -wing National Rally Party, the Green Party and the Socialists, whose fate of Bayro is largely dependent on their vote, said they do not see a reason for its support.
In the event that a vote on confidence in the National Assembly is lost, the Bayro government will drop.
This condition of fog raised the dismay of the investors, and the KAC index closed the French leadership shares a decrease of 1.6%.
Macron options
In the event of the fall of the government, President Emmanuel Macron can appoint a new prime minister immediately or ask Bayro to stay at the head of the caretaker government, and he can also call for early elections.
Macron had lost his last prime minister, Michelle Barnier, in a vote to block confidence in the budget in late 2024, just 3 months after he took office after other early elections in July of that year.
Bayro admitted that the pursuit of a very divided parliament is a risky bet.
“Yes, it is fraught with risks, but not doing anything more dangerous,” he said in a news conference.
He said that voting on confidence will measure whether it has enough support in Parliament to pressure the budget of up to 44 billion euros (51.51 billion dollars), as he tries to curb the deficit, which amounted to 5.8% of GDP last year, which is nearly more than the official limit of the European Union of 3%.
(Tagstotranslate) News (T) Europe (T) France