French PM's Sudden Resignation Deepens Political Crisis

France's Prime Minister Sebastien Lecornu unexpectedly resigns just hours after forming his new cabinet, deepening the country's political crisis. His resignation follows criticism from both allies and foes, causing instability in a fragmented parliament. The financial markets react negatively, reflecting concerns over the nation's political future.

Sebastien Lecornu, France's newly appointed Prime Minister, has resigned unexpectedly only hours after announcing his new cabinet. His resignation underscores the deepening political instability, as both supporters and opponents criticized the cabinet composition.

The abrupt decision is a significant blow to President Emmanuel Macron, who has struggled with a fragmented parliament since his re-election in 2022. Macron's previous call for a snap parliamentary election resulted in even more division, complicating governance.

Financial markets, including French stocks and the euro, responded negatively to Lecornu's resignation. The event highlights growing uncertainty and challenges in France's political landscape as no group holds a majority in parliament, complicating consensus and stability.

(With inputs from agencies.)