PARIS—In a dramatic turn of events, French Prime Minister Michel Barnier is anticipated to submit his resignation to President Emmanuel Macron following a decisive parliamentary motion against him. The political upheaval comes merely three months after Barnier took office, marking a significant shake-up in France’s political landscape.
Earlier today, members of parliament overwhelmingly backed a motion that effectively dissolved Barnier’s administration. The motion, supported by both opposition and dissenting members of the ruling party, cited concerns over the government’s handling of recent economic reforms and public discontent.
Outside the Élysée Palace, crowds have gathered as the nation awaits official confirmation of Barnier’s resignation. Political analysts suggest that this development could lead to a cabinet reshuffle or even early elections, adding uncertainty to France’s domestic affairs.
The implications of this political shift may extend beyond France’s borders. As a key player in the European Union and a significant global economy, changes in French leadership could influence international policies and affect global markets, including those in Asia.
Investors and market analysts in Asia are closely monitoring the situation. Any shifts in France’s economic policy or international relations could have ripple effects on trade agreements and economic partnerships with Asian countries.
President Macron is expected to address the nation later today, outlining the government’s next steps in navigating this political crisis. Meanwhile, the French populace and international observers remain attentive to the unfolding events.
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Live: View of Élysée Palace in Paris, with French PM set to resign
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