Michel Barnier Appointed Prime Minister of France

Michel Barnier, appointed as France's Prime Minister by President Emmanuel Macron, brings a wealth of political experience, notably as the EU's chief negotiator during Brexit. At 73, Barnier's task is to lead a divided parliament following a hung election, aiming to unify support amid potential street protests from a leftist coalition. His appointment comes after extensive consultations by Macron to ensure a stable government capable of addressing pressing issues like the cost of living and immigration. Barnier's political legacy spans over 50 years, including key roles in various French ministries and the European Commission. His relations with Macron will be critical as he seeks to implement budget legislation while maintaining his political integrity. Investors have expressed optimism about his leadership, reflecting confidence in Barnier's ability to navigate the current political landscape.