French President Emmanuel Macron will appoint a new prime minister within 48 hours, his office said Wednesday, following the resignation of Sebastien Lecornu amid political deadlock.
Sebastien Lecornu, France’s fifth prime minister in two years, resigned Monday just hours after forming his cabinet, marking the shortest-lived administration in modern French history.
Macron asked Lecornu to continue consultations with political leaders to explore ways to stabilise the government and pass a 2026 budget by 31 December.
“A majority of deputies oppose dissolution of parliament; a platform for stability exists; a path is possible to adopt a budget by December 31,” the Elysee said, noting that Macron will appoint a new premier based on these findings.
Lecornu ended talks without a deal but said a path forward exists, emphasising that the next prime minister’s appointment would be Macron’s decision. He called reaching a budget deal “difficult but possible,” while the risk of a snap parliamentary election appears to be receding.
Macron faces pressure from across the political spectrum. Far-right National Rally leader Marine Le Pen and lawmaker Laure Lavalette rejected negotiations, calling for snap elections.
Hard-left leader Jean-Luc Mélenchon reiterated that Macron should resign.
Meanwhile, centre-left parties, including the Socialists and Greens, expressed interest in leading the next government and pushing for wealth taxes and reversing pension reforms.
The political paralysis has rattled markets, though French shares rose slightly after Lecornu expressed cautious optimism, with the CAC 40 index up 1.1% on Wednesday.
France’s budget and political uncertainty continue to weigh on investor confidence in the eurozone’s second-largest economy.
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Russia launched multiple missile strikes on Kharkiv, Ukraine’s second‑largest city, on Monday, 5 January, targeting energy infrastructure and causing “very serious damage,” local authorities said. The attacks occurred as world leaders prepare for a Ukraine peace summit in Paris this week.
Algeria's parliament has unanimously passed a law declaring France's colonisation of the North African state a crime, and demanding an apology and reparations.
France’s government is moving to pass emergency legislation to keep the state operating into January after lawmakers failed to agree on a 2026 budget, as pressure grows from investors and credit ratings agencies.
Germany’s foreign intelligence service secretly monitored the telephone communications of former U.S. President Barack Obama for several years, including calls made aboard Air Force One, according to an investigation by the German newspaper Die Zeit.
Open-source intelligence (OSINT) sources reported a significant movement of U.S. military aircraft towards the Middle East in recent hours. Dozens of U.S. Air Force aerial refuelling tankers and heavy transport aircraft were observed heading eastwards, presumably to staging points in the region.
Diplomatic tensions between Tokyo and Beijing escalated as Japan slams China's export ban on dual-use goods. Markets have wobbled as fears grow over a potential rare earth embargo affecting global supply chains.
Iran’s chief justice has warned protesters there will be “no leniency for those who help the enemy against the Islamic Republic”, as rights groups reported a rising death toll during what observers describe as the country’s biggest wave of unrest in three years.
Two people have been killed after a private helicopter crashed at a recreation centre in Russia’s Perm region, Russian authorities and local media have said.
Power has been fully restored to a neighbourhood in Berlin after an arson attack triggered a blackout that lasted more than four days — the second such incident in the city since September.
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