The China Mail - French PM ousted in parliament confidence vote

USD -
AED 3.672501
AFN 65.000265
ALL 81.644561
AMD 376.141087
ANG 1.79008
AOA 917.000325
ARS 1431.796098
AUD 1.421939
AWG 1.8025
AZN 1.701353
BAM 1.653884
BBD 2.008101
BDT 121.931419
BGN 1.67937
BHD 0.37704
BIF 2954.631939
BMD 1
BND 1.269629
BOB 6.889437
BRL 5.230598
BSD 0.996985
BTN 90.310223
BWP 13.199274
BYN 2.864282
BYR 19600
BZD 2.005133
CAD 1.365095
CDF 2199.999744
CHF 0.774198
CLF 0.021694
CLP 856.609989
CNY 6.93895
CNH 6.927745
COP 3687.3
CRC 494.264586
CUC 1
CUP 26.5
CVE 93.244597
CZK 20.45585
DJF 177.53856
DKK 6.30714
DOP 62.922545
DZD 129.906648
EGP 46.961796
ERN 15
ETB 154.992326
EUR 0.8444
FJD 2.19785
FKP 0.73461
GBP 0.73424
GEL 2.695001
GGP 0.73461
GHS 10.95697
GIP 0.73461
GMD 73.000294
GNF 8751.427001
GTQ 7.647131
GYD 208.594249
HKD 7.81413
HNL 26.335973
HRK 6.359747
HTG 130.607585
HUF 319.08598
IDR 16836
ILS 3.099004
IMP 0.73461
INR 90.403902
IQD 1306.09242
IRR 42125.000158
ISK 122.429794
JEP 0.73461
JMD 156.042163
JOD 0.709039
JPY 156.479692
KES 128.610146
KGS 87.450297
KHR 4023.50852
KMF 418.999605
KPW 899.990005
KRW 1463.609599
KWD 0.30708
KYD 0.830842
KZT 493.296182
LAK 21424.79631
LBP 89285.155573
LKR 308.45077
LRD 187.436313
LSL 16.084528
LTL 2.95274
LVL 0.60489
LYD 6.313395
MAD 9.152964
MDL 16.998643
MGA 4425.972357
MKD 52.008369
MMK 2099.624884
MNT 3567.867665
MOP 8.023357
MRU 39.421935
MUR 45.979571
MVR 15.450083
MWK 1728.784464
MXN 17.244585
MYR 3.932498
MZN 63.750062
NAD 16.084936
NGN 1363.839667
NIO 36.691895
NOK 9.66178
NPR 144.492692
NZD 1.660345
OMR 0.384508
PAB 0.997011
PEN 3.354658
PGK 4.275524
PHP 58.4345
PKR 278.785014
PLN 3.560285
PYG 6587.403599
QAR 3.634057
RON 4.300992
RSD 99.106999
RUB 76.999088
RWF 1455.142001
SAR 3.749199
SBD 8.058149
SCR 14.636741
SDG 601.500612
SEK 8.995525
SGD 1.269515
SHP 0.750259
SLE 24.449767
SLL 20969.499267
SOS 568.763662
SRD 37.818024
STD 20697.981008
STN 20.718028
SVC 8.723632
SYP 11059.574895
SZL 16.081146
THB 31.226994
TJS 9.342049
TMT 3.505
TND 2.891585
TOP 2.40776
TRY 43.621604
TTD 6.751597
TWD 31.58402
TZS 2576.097004
UAH 42.823946
UGX 3547.463711
UYU 38.535857
UZS 12243.189419
VES 377.985125
VND 25940
VUV 119.182831
WST 2.73071
XAF 554.690017
XAG 0.012158
XAU 0.000199
XCD 2.70255
XCG 1.796902
XDR 0.689856
XOF 554.690017
XPF 100.851138
YER 238.401691
ZAR 15.979285
ZMK 9001.200677
ZMW 18.568958
ZWL 321.999592
  • SCS

    0.0200

    16.14

    +0.12%

  • RBGPF

    0.1000

    82.5

    +0.12%

  • BCC

    1.8700

    91.03

    +2.05%

  • CMSC

    -0.0400

    23.51

    -0.17%

  • RIO

    2.2900

    93.41

    +2.45%

  • RYCEF

    0.2600

    16.88

    +1.54%

  • CMSD

    0.0600

    23.95

    +0.25%

  • NGG

    1.1700

    88.06

    +1.33%

  • JRI

    0.0900

    12.97

    +0.69%

  • RELX

    -0.7100

    29.38

    -2.42%

  • BCE

    -0.4900

    25.08

    -1.95%

  • BTI

    0.8400

    62.8

    +1.34%

  • GSK

    1.0600

    60.23

    +1.76%

  • AZN

    5.8700

    193.03

    +3.04%

  • BP

    0.8400

    39.01

    +2.15%

  • VOD

    0.4900

    15.11

    +3.24%

French PM ousted in parliament confidence vote

French PM ousted in parliament confidence vote

France's parliament on Monday ousted the government of Prime Minister Francois Bayrou after just nine months in office, leaving President Emmanuel Macron scrambling to find a successor and plunging the country into a new political crisis.

Text size:

Bayrou, who has been in the job for just nine months, had blindsided even his allies by calling a confidence vote to end a lengthy standoff over his austerity budget, which foresees almost 44 billion euros ($52 billion) of cost savings to reduce France's debt pile.

Bayrou, the first premier in the history of modern France to be ousted in a confidence vote rather than a no-confidence vote, will submit his resignation on Tuesday morning, according to a person close to him who asked not to be named.

In the vote in the National Assembly, 364 deputies voted that they had no confidence in the government while just 194 gave it their confidence. "In line with article 50 of the constitution, the prime minister must submit the resignation of his government," said speaker Yael Braun-Pivet.

Bayrou is the sixth prime minister under Macron since his 2017 election but the fifth since 2022. Bayrou's ousting leaves the French head of state with a new domestic headache at a time when he is leading diplomatic efforts on the Ukraine war.

But defending his decision to call the high-risk confidence vote, Bayrou told the National Assembly: "The biggest risk was not to take one, to let things continue without anything changing... and have business as usual."

Describing the debt pile as "life-threatening" for France, Bayrou said his government had put forward a plan so that the country could "in a few years' time escape the inexorable tide of debt that is submerging it".

"You have the power to overthrow the government" but not "to erase reality", Bayrou told the MPs in a doomed final bid to save his government before the vote.

- Unpopular president -

Macron now faces one of the most critical decisions of his presidency -- appoint a seventh prime minister to try to thrash out a compromise, or call snap elections in a bid to have a more accommodating parliament.

There is no guarantee an election would result in any improvement in the fortunes of Macron's centre-right bloc in parliament.

And although the Socialist Party (PS) has expressed readiness to lead a new government, it is far from clear whether such an administration could survive.

Heavyweight right-wing cabinet ministers, such as Justice Minister Gerald Darmanin, are trusted by Macron but risk being voted out by the left.

According to a poll by Odoxa-Backbone for Le Figaro newspaper, 64 percent of the French want Macron to resign rather than name a new prime minister, a move he has ruled out.

He is forbidden from standing for a third term in 2027.

Around 77 percent of people do not approve of his work, Macron's worst-ever such rating, according to an Ifop poll for the Ouest-France daily.

- Le Pen ruling -

Alongside political upheaval, France is also facing social tensions.

A left-wing collective named "Block Everything" is calling for a day of action on Wednesday, and trade unions have urged workers to strike on September 18.

The 2027 presidential election meanwhile remains wide open, with analysts predicting the French far right will have its best-ever chance of winning.

Three-time presidential candidate for the National Rally (RN) Marine Le Pen suffered a blow in March when a French court convicted her and other party officials over an EU parliament fake jobs scam.

Le Pen was sentenced to four years' imprisonment, two of which were suspended, and a fine of 100,000 euros ($117,000).

The ruling also banned her from standing for office for five years, which would scupper her ambition of taking part in the 2027 vote unless overturned on appeal.

But a Paris court said Monday her appeal would be heard from January 13 to February 12, 2026, well before the election -- potentially resurrecting her presidential hopes.

Cheered by her MPs, Le Pen urged Macron to call snap legislative elections, saying holding the polls is "not an option but an obligation" and describing Bayrou's administration as a "phantom government".

L.Johnson--ThChM