France's Political Ongoing Crisis: The Dawn of a New Political Reality

In October 2022, when Rishi Sunak took over as the UK's leader, he became the fifth British prime minister to occupy the role over a six-year span.

Triggered in the UK by Britain's EU exit, this signified unprecedented political turmoil. So what term captures what is occurring in France, now on its fifth premier in 24 months – with three in the last ten months?

The latest prime minister, the newly reinstated Sébastien Lecornu, may have gained a brief respite on Tuesday, sacrificing Emmanuel Macron’s key pension reform in return for opposition Socialist votes as the price for his government’s survival.

But it is, in the best case, a temporary fix. The EU’s second-largest economy is trapped in a ongoing governmental crisis, the likes of which it has not witnessed for many years – perhaps not since the start of its Fifth French Republic in 1958 – and from which there appears no simple way out.

Governing Without a Majority

Key background: ever since Macron called an risky early parliamentary vote in 2024, the nation has had a hung parliament split into three opposing factions – the left, far right and his own centrist coalition – without any group holding a clear majority.

Simultaneously, the country faces dual debt and deficit crises: its debt-to-GDP ratio and deficit are now nearly double the EU limit, and strict legal timelines to approve a 2026 budget that starts controlling expenditures are nigh.

Against that unforgiving backdrop, both the prime ministers before Lecornu – Michel Barnier, who served from September to December 2024, and François Bayrou, who held the position from December 2024 to September 2025 – were removed by parliament.

In September, the president appointed his trusted associate Lecornu as his latest PM. But when, just over a fortnight later, Lecornu presented his government team – which proved to be largely unchanged from before – he encountered anger from allies and opponents alike.

To such an extent that the next day, he resigned. After just 27 days in office, Lecornu became the briefest-serving prime minister in recent French history. In a respectful address, he cited political rigidity, saying “party loyalties” and “personal ambitions” would make his job virtually unworkable.

A further unexpected development: shortly after Lecornu’s resignation, Macron asked him to stay on for another 48 hours in a last-ditch effort to secure multi-party support – a mission, to put it mildly, not without complications.

Next, two of Macron’s former PMs publicly turned on the struggling leader. Meanwhile, the right-wing RN and radical left France Unbowed (LFI) refused to meet Lecornu, promising to vote down all future administrations unless there were snap elections.

Lecornu stuck at his job, talking to everyone who was prepared to hear him out. At the conclusion of his extension, he appeared on television to say he believed “a path still existed” to prevent a vote. The president’s office confirmed the president would name a fresh premier two days later.

Macron kept his promise – and on Friday appointed … Sébastien Lecornu, again. So this week – with Macron commenting from the wings that the nation's opposing groups were “creating discord” and “solely responsible for this chaos” – was Lecornu’s critical test. Would he endure – and is he able to approve the crucial budget?

In a critical address, the 39-year-old PM outlined his financial plans, giving the centre-left Socialist party (PS), who oppose Macron’s unpopular pension overhaul, what they were waiting for: Macron’s key policy would be frozen until 2027.

With the conservative Les Républicains (LR) already supportive, the Socialists said they would refuse to support censorship votes tabled against Lecornu by the far right and radical left – meaning the administration would likely endure those votes, scheduled for Thursday.

It is, nevertheless, far from guaranteed to be able to approve its €30bn austerity budget: the PS clearly stated that it would be demanding further compromises. “This move,” said its leader, Olivier Faure, “is just the start.”

A Cultural Shift

The issue is, the greater concessions he makes to the left, the more he will meet resistance from the centre-right. And, like the PS, the conservatives are themselves split on dealing with the administration – certain members remain eager to bring it down.

A glance at the parliamentary arithmetic shows how difficult his mission – and future viability – will be. A total of 264 deputies from the RN, LFI, Greens, Communists and UDR want him out.

To achieve that, they need a majority of 288 votes in parliament – so if they can convince only 24 of the PS’s 69 deputies or the LR’s 47 (or both) to support their motion, Macron’s fifth unstable premier in two years is, similar to his forerunners, finished.

Few would bet against that happening sooner rather than later. Even if, by some miracle, the dysfunctional assembly musters collective will to pass a budget by year-end, the outlook afterward look grim.

So does an exit exist? Snap elections would be doubtful to resolve the issue: surveys indicate pretty much every party bar the RN would lose seats, but there would remain no decisive majority. A fresh premier would face the same intractable arithmetic.

Another possibility might be for Macron himself to resign. After a presidential vote, his successor would disband the assembly and aim for a legislative majority in the ensuing legislative vote. But that, too, is uncertain.

Polls suggest the next occupant of the Elysée Palace will be Marine Le Pen or Jordan Bardella. There is at least an odds-on chance that French electorate, having elected a far-right president, might reconsider giving them parliamentary power.

In the end, France may not escape its predicament until its politicians acknowledge the changed landscape, which is that clear majorities are a bygone phenomenon, absolute victory is obsolete, and compromise is not synonymous with failure.

Many think that transformation will not be feasible under the existing governmental framework. “This isn't a standard political crisis, but a crise de régime” that will prove anything but temporary.

“The system wasn't built to encourage – and actively discourages – the emergence of governing coalitions typical across Europe. The Fifth Republic may well have entered its terminal phase.”
Dana Terry
Dana Terry

Financieel expert met een passie voor geldbeheer en het delen van praktische tips om financiële vrijheid te bereiken.