• Latest
  • Trending
  • All
  • BUSINESS
  • ENTERTAINMENT
  • POLITICAL
  • TECHNOLOGY

December 6, 2024
Today’s NYT Strands Hints, Answers and Help for July 14 #498

Today’s NYT Strands Hints, Answers and Help for July 14 #498

July 14, 2025
Today’s Wordle Hints, Answer and Help for July 14, #1486

Today’s Wordle Hints, Answer and Help for July 14, #1486

July 14, 2025
Best Internet Providers in Alexandria, Virginia

Best Internet Providers in Alexandria, Virginia

July 14, 2025
The end

The end

July 14, 2025
Study shows AI coding assistants actually slow down experienced developers

Study shows AI coding assistants actually slow down experienced developers

July 14, 2025
Self-destructing SSD brings espionage-level security to data protection

Self-destructing SSD brings espionage-level security to data protection

July 14, 2025
Why business landlines are still essential in a wireless world

Why business landlines are still essential in a wireless world

July 14, 2025
Windows 11 preview adds “quick machine recovery” for automatic PC repairs

Windows 11 preview adds “quick machine recovery” for automatic PC repairs

July 14, 2025
Next-gen iPad Pro to debut Apple’s M5 chip ahead of Macs

Next-gen iPad Pro to debut Apple’s M5 chip ahead of Macs

July 14, 2025
Windows 10 KB5062554 update breaks emoji panel search feature

Windows 10 KB5062554 update breaks emoji panel search feature

July 14, 2025
Car overturns in Joo Koon collision; 2 taken to hospital, Singapore News

Car overturns in Joo Koon collision; 2 taken to hospital, Singapore News

July 14, 2025
Life lessons I learnt from being my 92-year-old atuk’s caregiver, Lifestyle News

Life lessons I learnt from being my 92-year-old atuk’s caregiver, Lifestyle News

July 14, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Wednesday, July 16, 2025
No Result
View All Result
  • HOME
  • BUSINESS
  • ENTERTAINMENT
  • POLITICAL
  • TECHNOLOGY
  • ABOUT US
  • Login
  • Register
  • HOME
  • BUSINESS
  • ENTERTAINMENT
  • POLITICAL
  • TECHNOLOGY
  • ABOUT US
No Result
View All Result
Huewire
No Result
View All Result
Home BUSINESS

by huewire
December 6, 2024
in BUSINESS
0
491
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

PARIS — French Prime Minister Michel Barnier is expected to resign on Friday (Dec 6) after far-right and leftist lawmakers voted to topple his government, plunging France into its second major political crisis in six months.

Barnier, a veteran politician who was formerly the European Union’s Brexit negotiator, will be the shortest serving prime minister in modern French history. No French government had lost a confidence vote since Georges Pompidou’s in 1962.

The hard left and far right punished Barnier for ramming an unpopular budget through an unruly hung parliament without a vote. The draft budget had sought 60 billion euros (S$84.8 billion) in savings in a drive to shrink a gaping deficit.

Barnier’s resignation will cap weeks of tensions over the budget, which Marine Le Pen’s far-right National Rally said was too harsh on working people. It also further weakens the standing of President Emmanuel Macron, who precipitated the current crisis with an ill-fated decision to call a snap election ahead of the summer Paris Olympics.

Macron faces growing calls to resign, but he has a mandate until 2027 and cannot be pushed out. Still, the long-running political debacle has left him a diminished figure.

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.

France’s political turmoil will further weaken a European Union already reeling from the implosion of Germany’s coalition government, and weeks before US President-elect Donald Trump returns to the White House.

Trump is due to visit Paris on Saturday for the unveiling of the renovated Notre Dame cathedral, and Macron wants to name a prime minister before then, Reuters reported on Wednesday.

France now faces a period of deep political uncertainty that is already unnerving investors in French sovereign bonds and stocks. Earlier this week, France’s borrowing costs briefly exceeded those of Greece, generally considered far more risky.

Any new prime minister would face the same challenges as Barnier in getting bills, including the 2025 budget, adopted by a divided parliament. There can be no new parliamentary election before July.

[[nid:712099]]

Share196Tweet123
huewire

huewire

Recent Comments

No comments to show.

Recent Posts

  • Today’s NYT Strands Hints, Answers and Help for July 14 #498
  • Today’s Wordle Hints, Answer and Help for July 14, #1486
  • Best Internet Providers in Alexandria, Virginia
  • The end
  • Study shows AI coding assistants actually slow down experienced developers
Huewire

Copyrights © 2024 Huewire.com.

Navigate Site

  • About
  • Advertise
  • Privacy & Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • HOME
  • BUSINESS
  • ENTERTAINMENT
  • POLITICAL
  • TECHNOLOGY
  • ABOUT US

Copyrights © 2024 Huewire.com.