EconomyLens.com
No Result
View All Result
Tuesday, June 17, 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 Other

French PM survives no-confidence votes

Emma Reilly by Emma Reilly
February 5, 2025
in Other
Reading Time: 8 mins read
A A
0
108
SHARES
1.3k
VIEWS
Share on FacebookShare on Twitter

Prime Minister Francois Bayrou gets to live to fight another day. ©AFP

Paris (AFP) – French Prime Minister Francois Bayrou on Wednesday survived two no-confidence votes in parliament, winning some breathing space after less than two months in office but still facing an uncertain future. Bayrou, a veteran centrist named by President Emmanuel Macron in December with the task of ending months of political turmoil, used a controversial constitutional article to ram his cost-cutting budget through parliament without a vote on Monday. “This budget is an urgent step,” Bayrou told the National Assembly.

Related

Swiss insurers estimate glacier damage at $393 mn

Brazil sells rights to oil blocks near Amazon river mouth

Taiwan tests sea drones as China keeps up military pressure

G7 leaders urge Trump to ease off trade war

Oil prices jump, stocks drop as traders track Israel-Iran crisis

However, the use of article 49.3 of the constitution allows opposition parties to put forward no-confidence motions, and the bids to topple the government were duly proposed by the hard-left France Unbowed party (LFI), backed by the Communists and the Greens. But while Bayrou is nowhere near having a majority in the National Assembly, the Socialists and far-right National Rally (RN) both said they would not back the two no-confidence motions put forward by the hard left.

In the end, the motion concerning the budget gathered 128 votes, well short of the 289 votes needed to topple the government, which still needs approval from the upper-house Senate for the draft to become law, a move seen as a formality. A second no-confidence motion, targeted at the government’s social security financing plan, also failed, gathering 122 votes. “This is a good thing for our country and our fellow citizens, and proof that their political representatives are able to overcome their disagreements,” Finance Minister Eric Lombard said after the first motion was defeated.

But observers said Wednesday’s votes offered only crumbs of comfort for the embattled premier. “Passive support from both the Socialists and Marine Le Pen’s far right for Bayrou will end once a 2025 budget is fully enacted in the next few days,” risk analysis firm Eurasia Group said, giving a 70 percent chance that the government would “fall in the next few months.”

Jordan Bardella, head of the far-right RN, said ahead of the vote that “we need to avoid uncertainty because many of our fellow citizens…are extremely worried about possible long-term instability.” The party’s vice president, Sebastien Chenu, said the RN wanted stability “until it is possible to trigger fresh elections,” which could be in June, one year after the last legislative polls. “As soon as we can go before the voters again, we must do so,” he said.

Socialist leader Olivier Faure stated that his party decided against voting to topple the government over the budget because it would have resulted only in France having “a prime minister further to the right.” The Socialists’ stance is a major boost for Bayrou that could mark the end of a broad left-wing alliance including the Socialists and LFI party that had endured since the election campaign. Faure denied any looming breakup, asserting late Wednesday that the alliance, known as the New Popular Front, “will continue to exist for as long as there is the will to beat the far right.”

In a symbolic move, the Socialist party leadership decided Monday to propose a separate no-confidence motion after Bayrou referred to migrants “flooding” France, using terminology previously employed by the far right. However, this has little chance of passing as it is expected to be rejected by right-wing parties.

Bayrou’s predecessor, Michel Barnier, was toppled in a no-confidence vote late last year, leaving France in uncharted political waters. The survival of Bayrou’s government will be a relief for Macron, who has faced calls to resign since dissolving parliament last year, but who has insisted he will stay on until the end of his term in 2027.

Many analysts and even allies are still baffled by the president’s decision to call snap parliamentary elections last summer, which gave the far right its biggest-ever foothold in a divided parliament. The cost-cutting and tax-hiking budget has proved controversial in some quarters, with France’s richest man, the luxury goods mogul Bernard Arnault, denouncing a planned special corporate tax. Budget Minister Amelie de Montchalin stated that the government, now in possession of a budget, would do what it takes “to meet our 5.4 percent target” for the 2025 deficit as a percentage of GDP, after an estimated six percent last year.

© 2024 AFP

Share43Tweet27Share8Pin10Send
Previous Post

Google shares slump as trade tensions rattle markets

Next Post

Disney profits rise on strong ‘Moana 2’ sales

Emma Reilly

Emma Reilly

Related Posts

Other

Oil prices rally, stocks mixed as traders track Israel-Iran crisis

June 17, 2025
Other

Venezuela’s El Dorado, where gold is currency of the poor

June 17, 2025
Other

Oil prices jump after Trump’s warning, stocks extend gains

June 17, 2025
Other

Despite law, US TikTok ban likely to remain on hold

June 16, 2025
Other

OpenAI wins $200 mn contract with US military

June 16, 2025
Other

G7 leaders urge Trump to ease off trade war

June 17, 2025
Next Post

Disney profits rise on strong 'Moana 2' sales

Google shares slump but other AI gains lift US stocks

Google halts workplace diversity push

Asian markets advance after Wall St gains, US Postal Service U-turn

0 0 votes
Article Rating
Subscribe
Notify of
guest
guest
0 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

Ghanaian finance ministry warns against fallout from anti-LGBTQ law

74

New York ruling deals Trump business a major blow

72

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

71

Stock markets waver, oil prices edge up

65

Spain says ‘overvoltage’ caused huge April blackout

June 17, 2025

Swiss insurers estimate glacier damage at $393 mn

June 17, 2025

Brazil sells rights to oil blocks near Amazon river mouth

June 17, 2025

Trump says EU not offering ‘fair deal’ on trade

June 17, 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.