EconomyLens.com
No Result
View All Result
Sunday, October 19, 2025
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
EconomyLens.com
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
No Result
View All Result
EconomyLens.com
No Result
View All Result
Home Economy

French PM says ‘fate of France’ at stake in confidence vote

Natalie Fisher by Natalie Fisher
September 3, 2025
in Economy
Reading Time: 7 mins read
A A
2
27
SHARES
338
VIEWS
Share on FacebookShare on Twitter

Bayrou surprised France last week when he said he would request the vote in a divided parliament. ©AFP

Paris (AFP) – French Prime Minister Francois Bayrou said on Sunday the destiny of France was at stake in a forthcoming confidence vote, which he called to resolve a budget standoff but is expected to lose. Bayrou sat down for an interview with four news channels as the clock ticks down to the September 8 vote in parliament. Opposition parties have already said they will not back his austerity budget. The vote in parliament will not decide “the fate of the prime minister” but “the fate of France,” Bayrou said.

Related

China and US agree to fresh trade talks

Argentine peso drops against dollar despite US backing

In Argentine farm town, Milei mania fizzles

US Fed official urges caution but says could back October cut

US Treasury chief to meet China counterpart as tensions flare

He stunned France on Monday by saying he would request the vote in a divided parliament, as he tries to garner enough support for his minority government’s plan to slash spending. “The days ahead are crucial,” the 74-year-old prime minister said in the interview with franceinfo, LCI, BFMTV, and Cnews. He indicated that he was not ready to say “goodbye,” as the opposition urged. “If you think that I can give up the battles that I fight, that I am fighting here, that I have been fighting for years and that I will continue to fight in the future, you are mistaken.” Bayrou accused some political forces in France of wanting to sow “chaos,” targeting in particular hard-left firebrand Jean-Luc Melenchon.

From Monday, Bayrou hopes to hold negotiations with the opposition parties provided they commit to savings measures to reduce France’s debt. Members of the opposition, however, say it is too late.

Earlier Sunday, Socialist leader Olivier Faure said the party’s decision to vote against Bayrou’s government was final. “The only thing I’m waiting for him to do now is to say goodbye,” said Faure, referring to the prime minister. Bayrou dismissed the Socialist Party’s budget proposals. “What the Socialist party is proposing is not to curb spending, but to let spending take off again,” he said. Bayrou has said sacrifices must be made to ensure France’s future. He stated he wanted to save about 44 billion euros ($51 billion), but his plan—which includes reducing the number of holidays and placing a freeze on spending increases—has proved unpopular.

Seven out of 10 French people say they want Bayrou to lose the confidence vote, according to a recent poll. Trade unions have urged French people to stage protests on September 18 over the “horror show” draft budget. Bayrou’s gamble has raised fears that France risks a new period of political and financial instability. Speaking earlier Sunday, Justice Minister Gerald Darmanin called on political forces to find a compromise, saying he was concerned that the legacy of the Fifth Republic’s founding father, Charles De Gaulle, was at risk. “General De Gaulle’s institutions are at stake if we fall back into the instability of the Fourth Republic, where governments came and went, where the authority of the state was not guaranteed, where the administration had no leader,” Darmanin said.

Recent polls suggest support for the far-right National Rally (RN) has been steadily rising, and the party of Marine Le Pen senses a real chance to come to power. RN deputy leader Sebastien Chenu said the party would fight to obtain an absolute majority in parliament’s lower house if new parliamentary elections were called. “The French people have seen what an assembly without a majority is like,” he said. “Stability, it’s us,” he said, referring to RN.

France has been mired in deadlock ever since Macron gambled on snap elections last summer following far-right gains in the European election in the hopes of bolstering his authority. Voters elected a parliament fractured between three rival blocs, and Macron later acknowledged that his move backfired. But he has also said that the French parliament reflects the political divisions among the public. He has urged politicians to find a way to work together, pointing to Germany as an example.

© 2024 AFP

Share11Tweet7Share2Pin2Send
Previous Post

Britain’s energy grid bets on flywheels to keep the lights on

Next Post

Alibaba soars but Asia markets dip

Natalie Fisher

Natalie Fisher

Related Posts

Economy

US puts plan to cut ship emissions in troubled waters

October 17, 2025
Economy

Maritime sector to decide on plan to cut emissions opposed by US

October 17, 2025
Economy

US budget deficit narrows just slightly despite tariff revenues

October 17, 2025
Economy

Europe ‘well positioned’ for future shocks: ECB’s Lagarde

October 16, 2025
Economy

Greece lawmakers back plan to allow 13-hour workday

October 16, 2025
Economy

Putin says Russia a top oil producer, despite ‘unfair’ pressure

October 16, 2025
Next Post

Alibaba soars but Asia markets dip

Uzbek workers fill gap as Bulgarian population shrinks

Malawi's fuel crisis hangs over upcoming elections

Chinese cluster now world's top innovation hotspot: UN

0 0 votes
Article Rating
Subscribe
Notify of
guest
guest
2 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
  • Trending
  • Comments
  • Latest

New York ruling deals Trump business a major blow

September 30, 2024

Elon Musk’s X fights Australian watchdog over church stabbing posts

April 21, 2024

Women journalists bear the brunt of cyberbullying

April 22, 2024

France probes TotalEnergies over 2021 Mozambique attack

May 6, 2024

New York ruling deals Trump business a major blow

79

Ghanaian finance ministry warns against fallout from anti-LGBTQ law

74

Shady bleaching jabs fuel health fears, scams in W. Africa

71

Stock markets waver, oil prices edge up

65

Withering vines: California grape farmers abandon fields as local wine struggles

October 18, 2025

China’s power paradox: record renewables, continued coal

October 19, 2025

China and US agree to fresh trade talks

October 19, 2025

US court bars NSO Group from installing spyware on WhatsApp

October 19, 2025
EconomyLens Logo

We bring the world economy to you. Get the latest news and insights on the global economy, from trade and finance to technology and innovation.

Pages

  • Home
  • About Us
  • Privacy Policy
  • Contact Us

Categories

  • Business
  • Economy
  • Markets
  • Tech
  • Editorials

Network

  • Coolinarco.com
  • CasualSelf.com
  • Fit.CasualSelf.com
  • Sport.CasualSelf.com
  • SportBeep.com
  • MachinaSphere.com
  • MagnifyPost.com
  • TodayAiNews.com
  • VideosArena.com
© 2025 EconomyLens.com - Top economic news from around the world.
No Result
View All Result
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials

© 2024 EconomyLens.com - Top economic news from around the world.