Archive · 1 Sep 2025

French PM Bayrou Seeks to Avoid Government Collapse

French PM Bayrou Seeks to Avoid Government Collapse

France's Prime Minister, Bayrou, is meeting with other parties to try to prevent his government from collapsing.

The opposition parties plan to vote against him on September 8, due to his plans for budget cuts in 2026.

If the government loses the vote, it could lead to a new leader or elections.

Financial markets were initially down but have since partially recovered.

The head of the European Central Bank, Lagarde, is also watching the situation closely, as France has the Eurozone's second-largest economy.

Sources