France's Political Turmoil: PM Lecornu Resigns Amid Crisis

France's political crisis deepened as Prime Minister Sebastien Lecornu resigned just 14 hours after announcing his cabinet. This resignation marks the shortest tenure in modern French history, reflecting deep parliamentary divisions and political stagnation, causing financial market impacts as France's economy struggles with fiscal challenges.

France plunged deeper into political chaos as Prime Minister Sebastien Lecornu announced his resignation just 14 hours after forming a new cabinet. This unexpected development marks the shortest-lived government in modern French history.

The resignation followed intense pressure from both political allies and opponents. The far-right National Rally and hard-left France Unbowed parties have called for snap elections and President Macron's resignation, highlighting the deep fractures within the political framework.

Financial markets reacted negatively, with the CAC 40 index dropping by 2% and the euro sliding on fears of further instability. France's economic and political challenges underscore a broader instability affecting the entire eurozone.

(With inputs from agencies.)