French Prime Minister Abruptly Resigns After Just Three Weeks As Local Politics Enters “Very Dangerous Territory”

BY TYLER DURDEN

MONDAY, OCT 06, 2025 – 08:57 AM

French Prime Minister Sébastien Lecornu abruptly resigned on Monday morning, just three weeks after his appointment, preempting what appeared to be an inevitable ousting. Lecornu was expected to unveil his policy agenda before the National Assembly on Tuesday, but both the Socialist Party and the National Rally had warned that without a drastic policy shift, they would trigger a no-confidence vote. French bonds and stocks slumped on the emerging political crisis.

President Emmanuel Macron’s office issued a one-sentence statement, confirming that Macron had accepted the resignation of Lecornu. This comes amid turmoil over the composition of his cabinet, a coalition of centrists and conservatives.

Lecornu told reporters his resignation was primarily due to the inability to compromise across the political spectrum: "I was ready to compromise, but each political party wanted the other political party to adopt its entire program."

He told reporters in the courtyard of the Matignon Palace, the prime minister’s headquarters, that he had spent weeks trying to forge a viable path forward with politicians, unions, and social partners from both political sides, but had achieved no breakthroughs.

Source

https://www.zerohedge.com/markets/french-prime-minister-abruptly-resigns-ubs-warns-french-politics-entering-very-dangerous

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