France on Brink: Political Turmoil Threatens EU Stability

The potential collapse of Michel Barnier's government in France is looming as far-right and left-wing parties unite to vote a no-confidence motion. This political instability threatens France's economy and the euro zone, with serious implications for the upcoming budget approval and future governance in Europe.

The French government teeters on the brink of collapse as far-right and left-wing parties rally for a no-confidence vote against Prime Minister Michel Barnier. Investors have already responded by punishing French assets, further destabilizing the euro zone's second-largest economy.

National Rally leader Marine Le Pen has criticized Barnier for exacerbating the situation and has proposed a no-confidence motion. This move, supported by left-wing factions, would mark the first toppling of a French government in this manner since 1962, should it succeed.

As political chaos unfolds, RN lawmakers and the left have sufficient votes to unseat Barnier. This comes as Barnier controversially attempted to push a social security bill through parliament without a vote, sparking further dissent.

(With inputs from agencies.)