The China Mail - French politicians dispirited as Macron set to name new PM

USD -
AED 3.672498
AFN 63.99968
ALL 83.250317
AMD 377.160121
ANG 1.790083
AOA 916.999933
ARS 1382.505983
AUD 1.447168
AWG 1.80125
AZN 1.694587
BAM 1.70594
BBD 2.013154
BDT 122.637848
BGN 1.709309
BHD 0.377582
BIF 2964
BMD 1
BND 1.290401
BOB 6.906447
BRL 5.179301
BSD 0.999512
BTN 95.111495
BWP 13.788472
BYN 2.972354
BYR 19600
BZD 2.010179
CAD 1.390825
CDF 2284.999752
CHF 0.796702
CLF 0.023467
CLP 926.609578
CNY 6.88655
CNH 6.885245
COP 3683.58
CRC 464.734923
CUC 1
CUP 26.5
CVE 95.875038
CZK 21.21905
DJF 177.720315
DKK 6.46023
DOP 60.099511
DZD 133.250672
EGP 54.5799
ERN 15
ETB 157.049836
EUR 0.86454
FJD 2.257401
FKP 0.758039
GBP 0.754075
GEL 2.690171
GGP 0.758039
GHS 11.000341
GIP 0.758039
GMD 74.000008
GNF 8775.000407
GTQ 7.64789
GYD 209.174328
HKD 7.837245
HNL 26.598252
HRK 6.510799
HTG 131.185863
HUF 332.194497
IDR 16990.45
ILS 3.136103
IMP 0.758039
INR 93.580801
IQD 1310
IRR 1315875.000027
ISK 123.969689
JEP 0.758039
JMD 158.129555
JOD 0.709009
JPY 158.639504
KES 129.999832
KGS 87.450175
KHR 4010.000018
KMF 428.505954
KPW 899.974671
KRW 1506.999759
KWD 0.30962
KYD 0.832908
KZT 476.211659
LAK 21949.999763
LBP 89509.105032
LKR 315.318459
LRD 183.675058
LSL 17.070062
LTL 2.95274
LVL 0.60489
LYD 6.404997
MAD 9.342497
MDL 17.701369
MGA 4178.000434
MKD 53.264382
MMK 2099.498084
MNT 3571.008867
MOP 8.070843
MRU 40.109711
MUR 46.790262
MVR 15.469725
MWK 1736.999852
MXN 17.88899
MYR 4.037498
MZN 63.949813
NAD 17.070226
NGN 1384.029762
NIO 36.729794
NOK 9.67056
NPR 152.178217
NZD 1.740475
OMR 0.384513
PAB 0.999507
PEN 3.495947
PGK 4.39013
PHP 60.275504
PKR 279.198292
PLN 3.705805
PYG 6474.685228
QAR 3.64399
RON 4.4066
RSD 101.505023
RUB 81.3021
RWF 1460
SAR 3.753424
SBD 8.042037
SCR 14.298932
SDG 600.999861
SEK 9.438835
SGD 1.28561
SHP 0.750259
SLE 24.549865
SLL 20969.510825
SOS 571.499729
SRD 37.374012
STD 20697.981008
STN 21.725
SVC 8.746053
SYP 110.555055
SZL 17.070482
THB 32.620496
TJS 9.580319
TMT 3.51
TND 2.929978
TOP 2.40776
TRY 44.487204
TTD 6.790468
TWD 31.934015
TZS 2585.810972
UAH 43.911606
UGX 3762.887497
UYU 40.550736
UZS 12195.498196
VES 473.27785
VND 26340
VUV 120.343344
WST 2.769273
XAF 572.15615
XAG 0.013415
XAU 0.000213
XCD 2.70255
XCG 1.801363
XDR 0.710952
XOF 570.497088
XPF 104.049704
YER 238.650234
ZAR 16.898898
ZMK 9001.196673
ZMW 19.105686
ZWL 321.999592
  • RBGPF

    -13.5000

    69

    -19.57%

  • CMSC

    -0.4028

    21.9

    -1.84%

  • BCC

    0.9000

    75.85

    +1.19%

  • BCE

    0.0100

    25.24

    +0.04%

  • CMSD

    -0.4000

    22.1

    -1.81%

  • GSK

    0.9600

    55.19

    +1.74%

  • JRI

    0.3800

    12.3

    +3.09%

  • AZN

    3.3400

    197.22

    +1.69%

  • RIO

    4.4700

    93.29

    +4.79%

  • NGG

    0.9100

    84.6

    +1.08%

  • RELX

    0.4000

    33.15

    +1.21%

  • RYCEF

    0.7400

    15.09

    +4.9%

  • BTI

    0.2100

    58.47

    +0.36%

  • VOD

    0.3200

    15.02

    +2.13%

  • BP

    -0.3500

    47

    -0.74%

French politicians dispirited as Macron set to name new PM
French politicians dispirited as Macron set to name new PM / Photo: © AFP

French politicians dispirited as Macron set to name new PM

French left-wing political leaders left a meeting with President Emmanuel Macron disappointed Friday, just hours before he was set to appoint a premier to pull the country out of crisis.

Text size:

French politics has been deadlocked ever since Macron gambled last year on snap polls that he hoped would consolidate power -- but ended instead in a hung parliament and more seats for the far right.

Both allies and the opposition had been hoping for a fresh face in government to help end months of paralysis over an austerity budget, but signs seemed to point to Macron reappointing the same premier who resigned at the start of the week.

Macron's office said he would pick a name by Friday evening after his seventh prime minister Sebastien Lecornu, 39, threw in the towel on Monday.

The centrist president, facing the worst domestic crisis since the 2017 start of his presidency, has yet to address the public.

Leaving the meeting at the Elysee, left-wing leaders said the premier would not be from their ranks.

Olivier Faure, leader of the Socialists, a swing group in parliament, said his party would vote against any new government that did not agree to suspending an unpopular 2023 pensions reform that raised the retirement age from 62 to 64.

"The way things are going, there is no guarantee we won't vote against" the next government, Faure said.

The French parliament toppled Lecornu's two predecessors in a standoff over cost-cutting measures.

Lecornu, a Macron loyalist, agreed to stay on for two extra days after he quit to talk to all political parties.

He told French television late Wednesday that he was optimistic that a new cabinet could get a spending bill through parliament.

But Lecornu, who served three years as defence minister, offered no clue as to who the next premier would be.

He claimed his mission was finished, but several politicians believe the president would likely rename him, at the risk of further exasperating the opposition and even members of his own camp.

Fellow centrist Gabriel Attal, who was France's youngest prime minister until last year, urged Macron on Friday to "share power" and not to name someone close to him.

- No 'ambitions' -

Lecornu has said a revised draft budget for 2026 could be put forward on Monday, which would meet the deadline for its approval by the end of the year.

But it was not immediately clear if this would require a fresh cabinet line-up to be announced by the weekend or not.

Lecornu's suggested list of ministers last Sunday sparked criticism that it did not break enough with the past.

Lecornu on Wednesday suggested that a more technocratic government could be named, whose members should have no "ambitions" to stand in the 2027 presidential elections.

The escalating crisis has seen former allies criticise the president.

In an unprecedented move, former premier Edouard Philippe, a contender in the next presidential polls, earlier this week said Macron himself should step down after a budget was passed.

But Macron has always insisted he would stay until the end of his term.

Marine Le Pen's far-right party declined to take part in talks with Lecornu this week and was then not invited to the Elysee on Friday.

She said earlier this week she would thwart all action by any new government.

Le Pen's anti-immigration RN senses its best-ever chance of winning power in the 2027 presidential vote, with Macron having served the maximum two terms.

Le Pen has been barred from running after being convicted in a corruption case, but her 30-year-old lieutenant, Jordan Bardella, could be a candidate instead.

burs-ah/sw/rmb

H.Au--ThChM