🔗 Share this article The French PM Sébastien Lecornu Tenders Resignation Following Less Than a 30-Day Period in Power France's Prime Minister Lecornu has resigned, less than a day after his cabinet was unveiled. The French presidency confirmed the news after the Prime Minister met President Emmanuel Macron for an meeting on the start of the week. This surprising decision comes only 26 days after Lecornu was given the PM role following the dissolution of the prior administration of François Bayrou. Parties across the board in the National Assembly had fiercely criticised the makeup of Lecornu's cabinet, which was mostly similar to the previous one, and vowed to reject it. Demands for Snap Polls and Government Instability Several parties are now calling for a snap election, with certain voices urging the President to also leave office - although he has always said he will not leave before his term ends in five years from now. "The President needs to decide: parliament's dissolution or stepping down," said Sébastien Chenu, one of key representatives of the far right National Rally (RN). Lecornu - the previous military head and a ally of the President - was the fifth French PM in a two-year span. Context of Political Crisis French politics has been very volatile since mid-2024, when snap parliamentary elections resulted in a deadlocked assembly. This has posed obstacles for each PM to obtain required votes to pass any bills. Bayrou's government was defeated in last month after the assembly refused to back his spending cuts plan, which aimed to slash government spending by €44bn. Financial Pressures and Market Reaction France's deficit reached nearly 6% of the economy in the current year and its government debt is more than the total economic output. That is the third largest government debt in the European monetary union after Italy and Greece, and amounting to almost 50k euros for each resident. Share prices dropped in the Paris exchange after the announcement about the PM emerged on Monday.